Mark Steven Bender - 08 May 2023 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
EVP & CFO
Signature
Mark Steven Bender by J. Feng POA
Issuer symbol
WLK
Transactions as of
08 May 2023
Net transactions value
-$58,769
Form type
4
Filing time
10 May 2023, 07:42:15 UTC
Previous filing
28 Feb 2023
Next filing
16 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Options Exercise $71,341 +1,084 +2.4% $65.81 45,484 08 May 2023 Direct
transaction WLK Common Stock Disposed to Issuer $130,109 -1,084 -2.4% $120.03 44,400 08 May 2023 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 +1,084 +21% $0.000000 6,199 08 May 2023 Common Stock 1,084 $65.81 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $120.01 to $120.045, inclusive. The reporting person undertakes to provide to Westlake Corp., any security holder of Westlake Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The stock options are excercisable in three installments of 33%, 33% and 34% on February 14, 2021, 2022 and 2023, respectively.