Carolyn Chao Sabat - Aug 11, 2023 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
Director, 10%+ Owner
Signature
Carolyn C. Sabat by J Feng POA
Stock symbol
WLK
Transactions as of
Aug 11, 2023
Transactions value $
$0
Form type
4
Date filed
8/14/2023, 09:18 AM
Previous filing
May 15, 2023
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WLK Common Stock 93.4M Aug 11, 2023 TTWF LP & TTWF GP LLC 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 Restricted Stock Units Award $0 +1.14K $0.00 1.14K Aug 11, 2023 Common Stock 1.14K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 92,010,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership. 1,395,000 shares of the Issuer are held through TTWFGP LLC, a Delaware limited liability company that is the general partner of TTWF LP. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWFGP LLC. The limited partners of TTWF LP are five trusts, principally for the benefit of members of the Chao family, including the reporting person, and two corporations owned, indirectly or directly, by certain of these trusts and by other entities owned by members of the Chao family, including the reporting person. The reporting person disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.
F2 Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
F3 All of the restricted stock units will vest on August 11, 2024.