Roger L. Kearns - Feb 15, 2022 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
EVP and COO
Signature
Roger L. Kearns by J. Feng POA
Stock symbol
WLK
Transactions as of
Feb 15, 2022
Transactions value $
-$85,652
Form type
4
Date filed
2/17/2022, 11:16 AM
Previous filing
May 24, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Options Exercise +3.3K +14.59% 25.9K Feb 15, 2022 Direct F1
transaction WLK Common Stock Tax liability -$85.2K -812 -3.14% $104.96 25.1K Feb 16, 2022 Direct F2
transaction WLK Common Stock Tax liability -$424 -4 -0.02% $106.12 25.1K Feb 16, 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 -3.3K -100% $0.00* 0 Feb 15, 2022 Common Stock 3.3K 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 3,296 restricted stock units vesting on the third anniversary of the grant date.