Form 4 for WLK WESTLAKE CORP
Accepted 2022-05-23 00:00:00 ET · period of report 2022-05-19 · accession 0001567619-22-011458 · 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 | 2022-05-23 | 2022-05-19 | WLK | Chao Albert | Pres, CEO, Dir, 10% | M - OptEx | $45.70 | +37.9K | 510.9K | +8% | +$1.73M |
| DM | 2022-05-23 | 2022-05-19 | WLK | Chao Albert | Pres, CEO, Dir, 10% | S - Sale+OE | $130.38 | -37.9K | 498.8K | -7% | -$4.94M |
| D | 2022-05-23 | 2022-05-19 | WLK | Chao Albert | Pres, CEO, Dir, 10% | M - OptEx | $0.00 | -37.9K | 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 | 2022-05-19 | M | A | 37,876 | $45.70 | 510,859 | D | — | — | |
| 2 | Common | Common Stock | 2022-05-19 | S | D | 5,045 | $129.38 | 472,983 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $129.275 to $129.5, 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 | 2022-05-19 | S | D | 20,815 | $130.20 | 478,028 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $129.557 to $130.53, 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 | 2022-05-19 | S | D | 12,016 | $131.11 | 498,843 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $130.69 to $131.64, inclusive. The reporting person undertakes to provide to Westlake Corporation, any security holder of Westlake Chemical 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. |
| 5 | Derivative | Employee Option (right to buy) | 2022-05-19 | M | D | 37,876 | $0.00 | 0 | D | $45.70 · — to 2023-02-15 | 37,876 Common Stock | (F5) The stock options are excercisable in three equal installments on February 15, 2014, 2015 and 2016. |