Albert Chao - Aug 16, 2024 Form 4 Insider Report for WESTLAKE CORP (WLK)

Signature
Albert Chao by J Feng POA
Stock symbol
WLK
Transactions as of
Aug 16, 2024
Transactions value $
-$3,556,938
Form type
4
Date filed
8/19/2024, 02:50 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Options Exercise $3.08M +45.3K +8.16% $68.09 600K Aug 16, 2024 Direct
transaction WLK Common Stock Disposed to Issuer -$6.64M -45.3K -7.55% $146.61 555K Aug 16, 2024 Direct F1
transaction WLK Common Stock Disposed to Issuer -$1.03K -7 0% $147.04 555K Aug 16, 2024 Direct

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) Options Exercise $0 -45.3K -100% $0.00* 0 Aug 16, 2024 Common Stock 45.3K $68.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Weighted average price. These shares were sold in multiple transactions ranging from $146.024 to $146.96 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2 The stock options are exercisable in three installments of 33%, 33% and 34% on February 20, 2016, 2017 and 2018, respectively.