Johnathan S. Zoeller - May 19, 2023 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
VP and CAO
Signature
Johnathan S. Zoeller by J. Feng POA
Stock symbol
WLK
Transactions as of
May 19, 2023
Transactions value $
-$59,130
Form type
4
Date filed
5/22/2023, 10:34 AM
Previous filing
Feb 28, 2023
Next filing
Aug 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Options Exercise $170K +1.96K +92.77% $86.54 4.08K May 19, 2023 Direct
transaction WLK Common Stock Disposed to Issuer -$229K -1.96K -48.12% $116.66 2.12K May 19, 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 +1.96K $0.00 1.01K May 19, 2023 Common Stock 1.96K $86.54 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 $116.65 to $116.74, 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 were excercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively.