Mark Steven Bender - 14 Feb 2023 Form 4 Insider Report for WESTLAKE CORP (WLK)

Signature
M. Steven Bender by J. Feng POA
Issuer symbol
WLK
Transactions as of
14 Feb 2023
Net transactions value
-$217,538
Form type
4
Filing time
16 Feb 2023, 10:37:52 UTC
Previous filing
01 Apr 2022
Next filing
21 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Options Exercise +7,150 +23% 37,875 14 Feb 2023 Direct F1
transaction WLK Common Stock Tax liability $214,474 -1,760 -4.6% $121.86 36,115 15 Feb 2023 Direct F2
transaction WLK Common Stock Tax liability $3,064 -25 -0.07% $122.56 36,090 15 Feb 2023 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 -7,150 -100% $0.000000* 0 14 Feb 2023 Common Stock 7,150 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 14, 2020, the reporting person was granted 7,150 restricted stock units vesting on the third anniversary of the grant date.