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WESTLAKE CORP Director's Dealing 2019

Feb 20, 2019

30551_dirs_2019-02-20_e90818d0-c066-4ba8-9b1c-eb569049e933.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: 2019-02-18

Reporting Person: Chao Albert (Director, President & CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-18 Common Stock M 21454 Acquired 346108 Direct
2019-02-19 Common Stock F 6547 $73.29 Disposed 339561 Direct
2019-02-19 Common Stock F 622 $75.79 Disposed 338939 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-18 Restricted Stock Units $ M 21454 Disposed Common Stock (21454) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 92010554 Indirect

Footnotes

F1: Restricted stock units convert into Issuer's shares of common stock on a one-for-one basis.

F2: On February 18, 2016, the reporting person was granted 21,454 restricted stock units vesting on the third anniversary of the grant date.

F3: 92,010,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWFGP LLC, a Delaware limited liability company that is the general partner of TTWF LP. The limited partners of TTWF LP are five trusts, principally for the benefit of members of the Chao family, including the reporting person, and two corporations owned, indirectly or directly, by certain of these trusts and by other entities owned by members of the Chao family, including the reporting person. The reporting person shares investment and voting power with respect to the shares beneficially owned by TTWF LP. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.