John T. Chao - Feb 20, 2025 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
Director
Signature
John T. Chao by J. Feng, POA
Stock symbol
WLK
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 02:14 PM
Previous filing
Feb 20, 2025
Next filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

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 +2.77K $0.00 2.77K Feb 21, 2025 Common Stock 2.77K $110.15 Direct F2
transaction WLK Restricted Stock Units Award $0 +919 $0.00 919 Feb 21, 2025 Common Stock 919 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock that vested on February 20, 2025, upon the determination by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 18, 2022, under the terms of the Issuer's 2013 Omnibus Incentive Plan.
F2 The stock options are excercisable in three installments of 33%, 33% and 34% on February 21, 2026, 2027 and 2028, respectively.
F3 Each restricted stock unit ("RSU") represents a contingent right to recieve one share of the Issuer's common stock.
F4 All of the RSUs will vest on February 21, 2028.