L. Benjamin Ederington - 16 Feb 2024 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
EVP, PEM, GC and CAO
Signature
L. Benjamin Ederington by J Feng POA
Issuer symbol
WLK
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 09:11:37 UTC
Previous filing
31 Aug 2023
Next filing
15 Aug 2024
SEC
View on sec.gov

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 +10,943 $0.000000 10,943 16 Feb 2024 Common Stock 10,943 $144.48 Direct F1
transaction WLK Restricted Stock Units Award $0 +3,953 $0.000000 3,953 16 Feb 2024 Common Stock 3,953 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.