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WESTLAKE CORP — Director's Dealing 2020
Nov 6, 2020
30551_dirs_2020-11-06_245b4aa1-bc38-49b4-a5f6-25a704da69df.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: 2020-11-05
Reporting Person: Bender Mark Steven (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-05 | Common Stock | M | 24996 | $44.420 | Acquired | 54478 | Direct |
| 2020-11-05 | Common Stock | S | 24576 | $73.98 | Disposed | 29902 | Direct |
| 2020-11-05 | Common Stock | S | 420 | $74.54 | Disposed | 29482 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-05 | Employee Option (right to buy) | $44.420 | M | 24996 | Disposed | 2026-02-18 | Common Stock (24996) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $73.45 to $74.44, 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.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $74.47 to $74.59, 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.
F3: The stock options are excercisable in three installments of 33%, 33% and 34% on February 18, 2017, 2018 and 2019, respectively.