WESTLAKE CORP — Director's Dealing 2023

Aug 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WESTLAKE CORP (WLK)
CIK: 0001262823
Period of Report: 2023-08-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-30	Common Stock	M	20000	$63.9775	Acquired	540148	Direct
2023-08-30	Common Stock	D	17685	$134.089	Disposed	522463	Direct
2023-08-30	Common Stock	D	2315	$134.602	Disposed	520.148	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-30	Employee Option (right to buy)	$63.9775	M	20000	Acquired	2024-02-14	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	93405554	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $133.49 to $134.49, inclusive. The reporting person undertakes to provide to Westlake Corporation, any security holder of Westlake 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $134.50 to $134.78, inclusive. The reporting person undertakes to provide to Westlake Corporation, any security holder of Westlake 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.

F3: 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 his pecuniary interest therein.

F4: The stock options are excercisable in three installments of 33%, 33% and 34% on February 14, 2015, 2016 and 2017, respectively.