Form 4 for WLK WESTLAKE CORP
Accepted 2023-09-01 00:00:00 ET · period of report 2023-08-31 · accession 0001209191-23-047916 · 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 | 2023-09-01 | 2023-08-31 | WLK | Chao James | COB, Dir, 10% | G - Gift | $0.00 | -58.3K | 62.4K | -48% | $0 |
| DM | 2023-09-01 | 2023-08-31 | WLK | Chao James | COB, Dir, 10% | D - Sale to Iss | $131.25 | -244.6K | 138.6K | -64% | -$32.10M |
| DM | 2023-09-01 | 2023-08-31 | WLK | Chao James | COB, Dir, 10% | M - OptEx | $69.90 | +244.6K | 168.2K | New | +$17.10M |
| DM | 2023-09-01 | 2023-08-31 | WLK | Chao James | COB, Dir, 10% | M - OptEx | $0.00 | -244.6K | 0 | -100% | $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 | 2023-08-31 | G | D | 58,268 | $0.00 | 62,372 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-31 | D | D | 17,998 | $132.48 | 120,640 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $132.01 to $132.91, 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. |
| 3 | Common | Common Stock | 2023-08-31 | D | D | 226,593 | $131.15 | 138,638 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $131.00 to $131.99, 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. |
| 4 | Common | Common Stock | 2023-08-31 | M | A | 43,738 | $65.81 | 365,231 | D | — | — | |
| 5 | Common | Common Stock | 2023-08-31 | M | A | 55,766 | $79.83 | 321,493 | D | — | — | |
| 6 | Common | Common Stock | 2023-08-31 | M | A | 35,321 | $107.75 | 265,727 | D | — | — | |
| 7 | Common | Common Stock | 2023-08-31 | M | A | 62,197 | $61.87 | 230,406 | D | — | — | |
| 8 | Common | Common Stock | 2023-08-31 | M | A | 47,569 | $44.42 | 168,209 | D | — | — | |
| 9 | Derivative | Emplopyee Option (right to buy) | 2023-08-31 | M | D | 43,738 | $0.00 | 34,599 | D | $65.81 · — to 2030-02-14 | 43,738 Common Stock | (F8) The stock options are exercisable in three installments of 33%, 33% and 34% on February 14, 2021, 2022 and 2023, respectively. |
| 10 | Derivative | Emplopyee Option (right to buy) | 2023-08-31 | M | D | 47,569 | $0.00 | 0 | D | $44.42 · — to 2026-02-18 | 47,569 Common Stock | (F4) The stock options are exercisable in three installments of 33%. 33% and 34% on February 18, 2017, 2018 and 2019, respectively. |
| 11 | Derivative | Emplopyee Option (right to buy) | 2023-08-31 | M | D | 62,197 | $0.00 | 0 | D | $61.87 · — to 2027-02-17 | 62,197 Common Stock | (F5) The stock options are exercisable in three installments of 33%, 33% and 34% on February 17, 2018, 2019 and 2020, respectively |
| 12 | Derivative | Emplopyee Option (right to buy) | 2023-08-31 | M | D | 35,321 | $0.00 | 0 | D | $107.75 · — to 2028-02-16 | 35,321 Common Stock | (F6) The stock options are exercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively |
| 13 | Derivative | Emplopyee Option (right to buy) | 2023-08-31 | M | D | 55,766 | $0.00 | 0 | D | $79.83 · — to 2029-02-15 | 55,766 Common Stock | (F7) The stock options are exercisable in three installments of 33%. 33% and 34% on February 15, 2020, 2021 and 2022, respectively. |