Johnathan S. Zoeller - 18 Feb 2022 Form 4/A - Amendment Insider Report for WESTLAKE CORP (WLK)

Role
VP and CAO
Signature
Jonathan S. Zoeller by J. Feng POA
Issuer symbol
WLK
Transactions as of
18 Feb 2022
Transactions value $
-$8,414
Form type
4/A - Amendment
Filing time
15 Mar 2022, 16:00:50 UTC
Date Of Original Report
18 Feb 2022
Previous filing
17 Feb 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLK Common Stock Award $0 +285 +32.72% $0.00 1.16K 18 Feb 2022 Direct F1
transaction WLK Common Stock Tax liability -$8.41K -71 -6.14% $118.51 1.09K 14 Mar 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to a rounding error, discovered on March 15, 2022, the original Form 4 filed on behalf of the Reporting Person on February 18, 2022 (the 'Original Form 4') reported the vesting of 286 shares of common stock. This Form 4/A amends that filing to reflect a vesting of 285 shares of common stock. As previously reported, these shares of common stock vested upon the determination by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of performance criteria underlying an award of performance stock units granted to the Reporting Person on February 15, 2019 under the terms of the Issuer's 2013 Omnibus Incentive Plan.
F2 The Original Form 4 is further amended to disclose that 71 shares of common stock were sold to cover tax withholding obligations arising from the award. 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 4A is in addition to, and does not replace, the disclosure contained in the Original Form 4.