Robert F. Buesinger - 15 Feb 2022 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
EVP, Vinyl Products
Signature
Robert F. Buesinger by J. Feng POA
Issuer symbol
WLK
Transactions as of
15 Feb 2022
Net transactions value
-$101,076
Form type
4
Filing time
17 Feb 2022, 11:09:11 UTC
Previous filing
16 Aug 2021
Next filing
22 Feb 2022
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 +3,869 +47% 12,086 15 Feb 2022 Direct F1
transaction WLK Common Stock Tax liability $101,076 -963 -8% $104.96 11,123 16 Feb 2022 Direct F2

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 Options Exercise $0 -3,869 -100% $0.000000* 0 15 Feb 2022 Common Stock 3,869 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Issuer's shares of common stock on a one-for-one basis.
F2 Shares otherwise issuable were withheld to satisfy tax obligations arising out of vesting of the Reporting Person's restricted stock units.
F3 On February 15, 2019, the reporting person was granted 3,869 restricted stock units vesting on the third anniversary of the grant date.