James Chao - Feb 16, 2024 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
Chairman, Director
Signature
James Chao by J Feng POA
Stock symbol
WLK
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 09:11 AM
Previous filing
Dec 1, 2023
Next filing
Apr 1, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WLK Employee Option (right to buy) Award $0 +25.2K $0.00 25.2K Feb 16, 2024 Common Stock 25.2K $144.49 Direct F1
transaction WLK Restricted Stock Units Award $0 +9.12K $0.00 9.12K Feb 16, 2024 Common Stock 9.12K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options are excercisable in three installments of 33%, 33% and 34% on February 16, 2025, 2026 and 2027, respectively.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock
F3 All of the restricted stock units will vest on February 16, 2027.