Albert Chao - 16 Feb 2024 Form 4 Insider Report for WESTLAKE CORP (WLK)

Role
President & CEO, Director
Signature
Albert Chao by J Feng POA
Issuer symbol
WLK
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 09:05:25 UTC
Previous filing
01 Sep 2023
Next filing
19 Aug 2024
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 +44,324 $0.000000 44,324 16 Feb 2024 Common Stock 44,324 $144.48 Direct F1
transaction WLK Restricted Stock Units Award $0 +16,010 $0.000000 16,010 16 Feb 2024 Common Stock 16,010 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 16, 2025, 2026 and 2027, 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 16, 2027.