Thomas J. Janssens - 01 Mar 2022 Form 3 Insider Report for WESTLAKE CORP (WLK)

Role: SVP, Operations-PEM & Corp Log
Signature: Thomas J. Janssens by J. Feng POA
Issuer symbol: WLK
Transactions as of: 01 Mar 2022
Net transactions value: $0
Form type: 3
Filing time: 02 Mar 2022, 15:13:21 UTC
Next filing: 15 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WLK	Common Stock						6,766	01 Mar 2022	Direct

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
holding	WLK	Restricted Stock Units							01 Mar 2022	Common Stock	1,538		Direct	F1, F2
holding	WLK	Restricted Stock Units							01 Mar 2022	Common Stock	3,039		Direct	F1, F3
holding	WLK	Restricted Stock Units							01 Mar 2022	Common Stock	1,170		Direct	F1, F4
holding	WLK	Restricted Stock Units							01 Mar 2022	Common Stock	1,313		Direct	F1, F5
holding	WLK	Employee Option (right to buy)							01 Mar 2022	Common Stock	2,485	$107.75	Direct	F6
holding	WLK	Employee Option (right to buy)							01 Mar 2022	Common Stock	4,337	$79.83	Direct	F7
holding	WLK	Employee Option (right to buy)							01 Mar 2022	Common Stock	6,507	$65.81	Direct	F8
holding	WLK	Employee Option (right to buy)							01 Mar 2022	Common Stock	4,020	$86.54	Direct	F9
holding	WLK	Employee Option (right to buy)							01 Mar 2022	Common Stock	4,152	$108.12	Direct	F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F2	The RSUs were granted February 14, 2020 and vest on the third anniversary of the grant date.
F3	The RSUs were granted February 14, 2020 and vest on the fifth anniversary of the grant date.
F4	The RSUs were granted February 19, 2021 and vest on the third anniversary of the grant date.
F5	The RSUs were granted February 18, 2022 and vest on the third anniversary of the grant date.
F6	These Stock Options were granted February 16, 2018 and are exercisable by the Reporting Person.
F7	These Stock Options were granted February 15, 2019 and are exercisable by the Reporting Person.
F8	These Stock Options were granted February 14, 2020. 66% of the 6,507 Stock Options granted have vested and are excercisable; the remaining 34% will vest on February 14, 2023.
F9	These Stock Options were granted February 19, 2021. 33% of the 4,020 Stock Options granted have vested and are excercisable; the remaining Stock Options will vest at 33% on February 19, 2023 and at 34% on February 19, 2024.
F10	These Stock Options were granted February 18, 2022 and are excercisable in three installments of 33%, 33% and 34% on February 18, 2023, 2024 and 2025, respectively.