Thomas J. Janssens - 23 Aug 2024 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
SVP, Ops - PEM & Corp Logistic
Signature
Thomas J. Janssens by J Feng POA
Issuer symbol
WLK
Transactions as of
23 Aug 2024
Net transactions value
-$1,099,583
Form type
4
Filing time
26 Aug 2024, 09:40:02 UTC
Previous filing
20 Feb 2024
Next filing
19 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Options Exercise $346,223 +4,337 +36% $79.83 16,400 23 Aug 2024 Direct
transaction WLK Common Stock Options Exercise $428,242 +6,507 +40% $65.81 22,907 23 Aug 2024 Direct
transaction WLK Common Stock Options Exercise $347,882 +4,020 +18% $86.54 26,927 23 Aug 2024 Direct
transaction WLK Common Stock Disposed to Issuer $2,221,930 -14,864 -55% $149.48 12,063 23 Aug 2024 Direct F1

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 -4,337 -100% $0.000000 0 23 Aug 2024 Common Stock 4,337 $79.83 Direct F2
transaction WLK Employee Option (right to buy) Options Exercise $0 -6,507 -100% $0.000000 0 23 Aug 2024 Common Stock 6,507 $65.81 Direct F3
transaction WLK Employee Option (right to buy) Options Exercise $0 -4,020 -100% $0.000000 0 23 Aug 2024 Common Stock 4,020 $86.54 Direct F4
* 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 $149.42 to $149.93 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 15, 2020, 2021 and 2022, respectively.
F3 These stock options are excercisable in three installments of 33%, 33% and 34% on February 14, 2021, 2022 and 2023, respectively.
F4 The stock options are exercisable in three installments of 33%. 33% and 34% on February 19, 2022, 2023 and 2024, respectively.