Albert Chao - Feb 17, 2023 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
President & CEO, Director, 10%+ Owner
Signature
Albert Chao by J. Feng POA
Stock symbol
WLK
Transactions as of
Feb 17, 2023
Transactions value $
$0
Form type
4
Date filed
2/21/2023, 08:07 AM
Previous filing
Feb 16, 2023
Next filing
Aug 31, 2023

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 +45.2K $0.00 45.2K Feb 17, 2023 Common Stock 45.2K $122.65 Direct F1
transaction WLK Restricted Stock Units Award $0 +16.6K $0.00 16.6K Feb 17, 2023 Common Stock 16.6K 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 17, 2024, 2025 and 2026, 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 17, 2026.