Mark Steven Bender - 18 Feb 2022 Form 4 Insider Report for WESTLAKE CORP (WLK)

Signature
Mark Steven Bender by J. Feng POA
Issuer symbol
WLK
Transactions as of
18 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 06:00:25 UTC
Previous filing
06 Mar 2026
Next filing
24 Mar 2022

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) Award $0 +14,980 $0.000000 14,980 18 Feb 2022 Common Stock 14,980 $108.12 Direct F1
transaction WLK Restricted Stock Units Award $0 +13,987 $0.000000 13,987 18 Feb 2022 Common Stock 13,987 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options are excercisable in three installments of 33%, 33% and 34% on February 18, 2023, 2024 and 2025, respectively.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 All of the restricted stock units will vest on February 18, 2025.