L. Benjamin Ederington - Feb 18, 2022 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
SVP, GC, CAO and Secretary
Signature
L. Benjamin Ederington by J. Feng POA
Stock symbol
WLK
Transactions as of
Feb 18, 2022
Transactions value $
$0
Form type
4
Date filed
2/22/2022, 06:05 AM
Previous filing
Feb 17, 2022
Next filing
May 6, 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 +12.4K $0.00 12.4K Feb 18, 2022 Common Stock 12.4K $108.12 Direct F1
transaction WLK Restricted Stock Units Award $0 +13.2K $0.00 13.2K Feb 18, 2022 Common Stock 13.2K 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.