Form 4 for WLK WESTLAKE CORP
Accepted 2023-08-31 00:00:00 ET · period of report 2023-08-30 · accession 0001209191-23-047809 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-31 | 2023-08-30 | WLK | Ederington L. Benjamin | EVP, GC, CAO, PEM | D - Sale to Iss | $134.27 | -13.7K | 47.9K | -22% | -$1.84M |
| D | 2023-08-31 | 2023-08-30 | WLK | Ederington L. Benjamin | EVP, GC, CAO, PEM | M - OptEx | $61.87 | +13.7K | 61.6K | +29% | +$849.7K |
| D | 2023-08-31 | 2023-08-30 | WLK | Ederington L. Benjamin | EVP, GC, CAO, PEM | M - OptEx | $0.00 | +13.7K | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-30 | D | D | 13,734 | $134.27 | 47,916 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $134.18 to $134.60, 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. |
| 2 | Common | Common Stock | 2023-08-30 | M | A | 13,734 | $61.87 | 61,650 | D | — | — | |
| 3 | Derivative | Employee Option (right to buy) | 2023-08-30 | M | A | 13,734 | $0.00 | 0 | D | $61.87 · — to 2027-02-17 | 13,734 Common Stock | (F2) The stock options are excercisable in three installments of 33%, 33% and 34% on February 17, 2018, 2019 and 2020, respectively |