AI assistant
WESTLAKE CORP — Director's Dealing 2015
May 27, 2015
30551_dirs_2015-05-27_02b426fc-97a4-4362-b2e0-e799b847e4c6.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WESTLAKE CHEMICAL CORP (WLK)
CIK: 0001262823
Period of Report: 2015-05-26
Reporting Person: Taylor Jeffrey L (Sr VP, Polyethylene)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-26 | Common Stock | M | 3112 | $30.0525 | Acquired | 24615 | Direct |
| 2015-05-26 | Common Stock | M | 1720 | $63.9775 | Acquired | 26335 | Direct |
| 2015-05-26 | Common Stock | M | 2014 | $45.6975 | Acquired | 28349 | Direct |
| 2015-05-26 | Common Stock | S | 6846 | $70.584 | Disposed | 21503 | Direct |
| 2015-05-26 | Common Stock | S | 1297 | $70.5001 | Disposed | 20206 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-26 | Employee Option (right to buy) | $30.0525 | M | 3112 | Disposed | 2022-02-17 | Common Stock (3112) | Direct |
| 2015-05-26 | Employee Option (right to buy) | $63.9775 | M | 1720 | Disposed | 2024-02-14 | Common Stock (1720) | Direct |
| 2015-05-26 | Employee Option (right to buy) | $45.6975 | M | 2014 | Disposed | 2023-02-15 | Common Stock (2014) | Direct |
Footnotes
F1: In accordance with the Securities and Exchange Commission's No Action Letter dated June 25, 2008, we have aggregated the sales that occurred on May 26, 2015 for ease of reporting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $70.5609 to $70.5894, inclusive. The reporting person undertakes to provide to Westlake Chemical Corp., any security holder of Westlake Chemical Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
F2: The stock options are exercisable in three installments of 33%, 33% and 34% on February 17, 2013, 2014 and 2015, respectively.
F3: The stock options are exercisable in three installments of 33%, 33% and 34% on February 14, 2015, 2016 and 2017, respectively.
F4: The stock options are exercisable in three installments of 33%, 33% and 34% on February 15, 2014, 2015 and 2016, respectively.