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WESTLAKE CORP — Director's Dealing 2017
Nov 15, 2017
30551_dirs_2017-11-15_5fe57547-b4ff-4d1c-8eef-5428513329f3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WESTLAKE CHEMICAL CORP (WLK)
CIK: 0001262823
Period of Report: 2017-11-13
Reporting Person: Mangieri George J (SVP & Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-13 | Common Stock | M | 3618 | $45.6975 | Acquired | 10195 | Direct |
| 2017-11-13 | Common Stock | M | 3028 | $63.9775 | Acquired | 13223 | Direct |
| 2017-11-13 | Common Stock | M | 1810 | $44.420 | Acquired | 15033 | Direct |
| 2017-11-13 | Common Stock | M | 2010 | $68.09 | Acquired | 17043 | Direct |
| 2017-11-13 | Common Stock | S | 10466 | $94.3737 | Disposed | 6577 | Direct |
| 2017-11-13 | Common Stock | S | 2915 | $94.70 | Disposed | 3662 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-13 | Employee Option (right to buy) | $45.6975 | M | 3618 | Disposed | 2023-02-15 | Common Stock (3618) | Direct |
| 2017-11-13 | Employee Option (right to buy) | $63.9775 | M | 3028 | Disposed | 2024-02-14 | Common Stock (3028) | Direct |
| 2017-11-13 | Employee Option (right to buy) | $44.420 | M | 1810 | Disposed | 2026-02-18 | Common Stock (1810) | Direct |
| 2017-11-13 | Employee Option (right to buy) | $68.090 | M | 2010 | Disposed | 2025-02-20 | Common Stock (2010) | Direct |
Footnotes
F1: The stock options are excercisable in three installments of 33%, 33% and 34% on February 15, 2014, 2015 and 2016, respectively.
F2: The stock options are excercisable in three installments of 33%, 33% and 34% on February 14, 2015, 2016 and 2017, respectively.
F3: The stock options are excercisable in three installments of 33%, 33% and 34% on February 18, 2017, 2018 and 2019, respectively.
F4: The stock options are excercisable in three installments of 33%, 33% and 34% on February 20, 2016, 2017 and 2018, respectively.
F5: In accordance with the Securities and Exchange Commission's No Action Letter dated June 25, 2008, we have aggregated the sales that occurred on November 13, 2017 for ease of reporting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $94.00 to $94.70, 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 (5) to this Form 4.