Filing Details

Accession Number:
0001567619-22-011902
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-31 12:38:28
Reporting Period:
2022-05-27
Accepted Time:
2022-05-31 12:38:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1262823 Westlake Corp WLK Industrial Organic Chemicals (2860) 760346924
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1488587 F. Robert Buesinger 2801 Post Oak Boulevard, Suite 600
Houston TX 77056
Evp, Hip, It & Digital No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-05-27 9,571 $107.75 21,351 No 4 M Direct
Common Stock Acquisiton 2022-05-27 4,856 $86.54 26,207 No 4 M Direct
Common Stock Disposition 2022-05-27 14,427 $129.47 11,780 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Option (right to buy) Disposition 2022-05-27 9,571 $0.00 9,571 $107.75
Common Stock Employee Option (right to buy) Disposition 2022-05-27 4,856 $0.00 4,856 $86.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2028-02-16 No 4 M Direct
9,862 2031-02-19 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $129.45 to $129.72, inclusive. The reporting person undertakes to provide to Westlake Corporation, any security holder of Westlake Chemical Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. The stock options were excercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively.
  3. The stock options were excercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively.