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WESTLAKE CORP — Director's Dealing 2023
Aug 9, 2023
30551_dirs_2023-08-09_ef600149-66d7-47f1-b571-3321e8c97826.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: 2023-08-07
Reporting Person: Bender Mark Steven (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-07 | Common Stock | M | 12033 | $107.75 | Acquired | 56433 | Direct |
| 2023-08-07 | Common Stock | M | 12606 | $86.5379 | Acquired | 69039 | Direct |
| 2023-08-07 | Common Stock | D | 2416 | $132.43 | Disposed | 66623 | Direct |
| 2023-08-07 | Common Stock | D | 19598 | $133.48 | Disposed | 47025 | Direct |
| 2023-08-07 | Common Stock | D | 2625 | $133.99 | Disposed | 44400 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-07 | Employee Option (right to buy) | $107.75 | M | 12033 | Acquired | 2028-02-16 | Common Stock (12033) | Direct |
| 2023-08-07 | Employee Option (right to buy) | $86.5379 | M | 12606 | Acquired | 2031-02-19 | Common Sotck (12606) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $131.88 to $132.88, inclusive. The reporting person undertakes to provide to Westlake Corp., any security holder of Westlake 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 $132.885 to $133.88, inclusive. The reporting person undertakes to provide to Westlake Corp., any security holder of Westlake 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $133.89 to $134.16, inclusive. The reporting person undertakes to provide to Westlake Corp., any security holder of Westlake 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.
F4: The stock options are excercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively.
F5: The stock options are excercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively.