L. Benjamin Ederington - 17 Feb 2023 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
EVP, GC, CAO and Secretary
Signature
L. Benjamin Ederington by J. Feng POA
Issuer symbol
WLK
Transactions as of
17 Feb 2023
Net transactions value
$0
Form type
4
Filing time
21 Feb 2023, 08:09:19 UTC
Previous filing
16 Feb 2023
Next filing
16 May 2023
SEC
View on sec.gov

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 +10,399 $0.000000 10,399 17 Feb 2023 Common Stock 10,399 $122.65 Direct F1
transaction WLK Restricted Stock Units Award $0 +3,809 $0.000000 3,809 17 Feb 2023 Common Stock 3,809 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.