James Chao - Feb 17, 2023 Form 4/A - Amendment Insider Report for WESTLAKE CORP (WLK)

Signature
James Chao by J. Feng POA
Stock symbol
WLK
Transactions as of
Feb 17, 2023
Transactions value $
-$1,630,639
Form type
4/A - Amendment
Date filed
3/15/2023, 03:19 PM
Date Of Original Report
Feb 17, 2023
Previous filing
Feb 16, 2023
Next filing
Aug 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Award $0 +37.2K +37.48% $0.00 136K Feb 17, 2023 Direct
transaction WLK Common Stock Tax liability -$1.55M -14.8K -10.89% $104.32 121K Mar 13, 2023 Direct F1
transaction WLK Common Stock Tax liability -$82.9K -789 -0.65% $105.13 121K Mar 13, 2023 Direct F1
holding WLK Common Stock 93.4M Feb 17, 2023 TTWF LP & TTWF GP LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4 filed by the Reporting Person on February 17, 2023 is amended by this Form 4 Amendment to disclose that 15,625 shares of common stock were sold to cover tax withholding obligations arising from the award reported in the original Form 4. The original Form 4 did not report the sale to cover tax withholding obligations because the number of shares to be sold was not known at the time of filing. This Form 4 Amendment is in addition to, and does not replace, the disclosure contained in the original Form 4.
F2 93,405,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership, and TTWF GP LLC, a Delaware limited liability company and the general partner of TTWF LP. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWFGP LLC. The limited partners of TTWF LP are five trusts, principally for the benefit of members of the Chao family, including the reporting person, and two corporations owned, indirectly or directly, by certain of these trusts and by other entities owned by members of the Chao family, including the reporting person. The reporting person shares investment and voting power with respect to the shares beneficially owned by TTWF LP and TTWFGP LLC. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.