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WESTLAKE CORP — Director's Dealing 2024
May 2, 2024
30551_dirs_2024-05-02_ad34f916-04f7-4e4a-95a8-f86387217d56.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: WESTLAKE CORP (WLK)
CIK: 0001262823
Period of Report: 2024-04-25
Reporting Person: Holy Jeffrey Adam (N/A)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Option (right to buy) | $107.75 | 2028-02-16 | Common Stock (864) | Direct | |
| Employee Option (right to buy) | $79.83 | 2029-02-15 | Common Stock (1000) | Direct | |
| Employee Option (right to buy) | $86.5379 | 2031-02-19 | Common Stock (671) | Direct | |
| Employee Option (right to buy) | $108.1175 | 2032-02-18 | Common Stock (2220) | Direct | |
| Restricted Stock Units | $ | Common Stock (702) | Direct | ||
| Employee Option (right to buy) | $122.65 | 2033-02-17 | Common Stock (1927) | Direct | |
| Restricted Stock Units | $ | Common Stock (706) | Direct | ||
| Employee Option (right to buy) | $144.485 | 2034-02-16 | Common Stock (1736) | Direct | |
| Restricted Stock Units | $ | Common Stock (627) | Direct |
Footnotes
F1: On February 16, 2018 the reporting person was granted 864 stock options excercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively.
F2: On February 15, 2019 the reporting person was granted 2,079 stock options excercisable in three installments of 33%, 33% and 34% on February 16, 2020, 2021 and 2022, respectively.
F3: On February 19, 2021 the reporting person was granted 1,971 stock options excercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively.
F4: On February 18, 2022 the reporting person was granted 2,220 stock options excercisable in three installments of 33%, 33% and 34% on February 18, 2023, 2024 and 2025, respectively.
F5: All of these restricted stock units will vest February 18, 2025.
F6: Each restricted stock unit represents a contingent right to recieve one share of the Issuer's common stock.
F7: On February 17, 2023 the reporting person was granted 1,927 stock options excercisable in three installments of 33%, 33% and 34% on February 17, 2024, 2025 and 2026, respectively.
F8: All of these restricted stock units will vest February 17, 2026.
F9: On February 16, 2024 the reporting person was granted 1,736 stock options excercisable in three installments of 33%, 33% and 34% on February 16, 2025, 2026 and 2027, respectively.
F10: All of these restricted stock units will vest February 16, 2027.