Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

WESTLAKE CORP Director's Dealing 2020

Aug 17, 2020

30551_dirs_2020-08-17_307291a6-d60c-43ca-946c-a411ae6e5848.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WESTLAKE CHEMICAL CORP (WLK)
CIK: 0001262823
Period of Report: 2020-08-14

Reporting Person: Chao John Tsung-chen (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-08-16 Common Stock M 2387 Acquired 3796 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-08-14 Restricted Stock Units $ A 2400 Acquired Common Stock (2400) Direct
2020-08-16 Restricted Stock Units $ M 2387 Disposed Common Stock (2387) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 93405554 Indirect

Footnotes

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

F2: All of the restricted stock units will vest on August 14, 2021.

F3: On August 16, 2019 the reporting person was granted 2,387 restricted stock units vesting on the first anniversary of the grant date.

F4: 92,010,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership. 1,395,000 shares of the Issuer are held through TTWFGP LLC, a Delaware limited liability company that is the general partner of TTWF LP. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWFGP LLC. 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 disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.