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WESTLAKE CORP — Director's Dealing 2022
May 31, 2022
30551_dirs_2022-05-31_6dae2ac2-c89f-4684-98f9-3cc91c3bc9f4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WESTLAKE CORP (WLK)
CIK: 0001262823
Period of Report: 2022-05-27
Reporting Person: Buesinger Robert F. (EVP, HIP, IT & Digital)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-27 | Common Stock | M | 9571 | $107.75 | Acquired | 21351 | Direct |
| 2022-05-27 | Common Stock | M | 4856 | $86.5379 | Acquired | 26207 | Direct |
| 2022-05-27 | Common Stock | S | 14427 | $129.467 | Disposed | 11780 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-27 | Employee Option (right to buy) | $107.75 | M | 9571 | Disposed | 2028-02-16 | Common Stock (9571) | Direct |
| 2022-05-27 | Employee Option (right to buy) | $86.5379 | M | 4856 | Disposed | 2031-02-19 | Common Stock (4856) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $129.45 to $129.72, inclusive. The reporting person undertakes to provide to Westlake Corporation, any security holder of Westlake Chemical Corporation 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 stock options were excercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively.
F3: The stock options were excercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively.