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WESTLAKE CORP — Director's Dealing 2017
Mar 8, 2017
30551_dirs_2017-03-08_bc44dc3a-0fcf-4ba2-aedf-87300e5c18d4.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: WESTLAKE CHEMICAL CORP (WLK)
CIK: 0001262823
Period of Report: 2017-03-01
Reporting Person: Schubert Lawrence (Vice President, Polyethylene)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (573) | Direct | ||
| Restricted Stock Units | $ | Common Stock (904) | Direct | ||
| Restricted Stock Units | $ | Common Stock (3330) | Direct | ||
| Restricted Stock Units | $ | Common Stock (744) | Direct | ||
| Employee Option (right to buy) | $63.9775 | 2024-02-14 | Common Stock (1420) | Direct | |
| Employee Option (right to buy) | $68.09 | 2025-02-20 | Common Stock (1910) | Direct | |
| Employee Option (right to buy) | $44.42 | 2026-02-18 | Common Stock (2307) | Direct | |
| Employee Option (right to buy) | $61.865 | 2027-02-17 | Common Stock (2905) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Westlake Chemical Corporation common stock.
F2: The restricted stock units will vest three years from the date of grant (February 20, 2018).
F3: The restricted stock units will vest three years from the date of grant (February 18, 2019).
F4: The restricted stock units will vest three years from the date of grant (December 1, 2019).
F5: The restricted stock units will vest three years from the date of grant (February 17, 2020).
F6: The stock options are exercisable in three installments of 33%, 33%, and 34% on February 14, 2015, 2016 and 2017, respectively.
F7: The stock options are exercisable in three installments of 33%, 33%, and 34% on February 20, 2016, 2017 and 2018, respectively.
F8: The stock options are exercisable in three installments of 33%, 33%, and 34% on February 18, 2017, 2018 and 2019, respectively.
F9: The stock options are exercisable in three installments of 33%, 33%, and 34% on February 17, 2018, 2019 and 2020, respectively.