Form 4 for WLK WESTLAKE CORP
Accepted 2022-05-31 00:00:00 ET · period of report 2022-05-27 · accession 0001567619-22-011902 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-05-31 | 2022-05-27 | WLK | Buesinger Robert F. | EVP, HIP, IT, Digital | M - OptEx | $100.61 | +14.4K | 21.4K | +208% | +$1.45M |
| D | 2022-05-31 | 2022-05-27 | WLK | Buesinger Robert F. | EVP, HIP, IT, Digital | S - Sale+OE | $129.47 | -14.4K | 11.8K | -55% | -$1.87M |
| DM | 2022-05-31 | 2022-05-27 | WLK | Buesinger Robert F. | EVP, HIP, IT, Digital | M - OptEx | $0.00 | -14.4K | 9,862 | -59% | $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 | 2022-05-27 | M | A | 4,856 | $86.54 | 26,207 | D | — | — | |
| 2 | Common | Common Stock | 2022-05-27 | S | D | 14,427 | $129.47 | 11,780 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $129.45 to $129.72, 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. |
| 3 | Common | Common Stock | 2022-05-27 | M | A | 9,571 | $107.75 | 21,351 | D | — | — | |
| 4 | Derivative | Employee Option (right to buy) | 2022-05-27 | M | D | 9,571 | $0.00 | 0 | D | $107.75 · — to 2028-02-16 | 9,571 Common Stock | (F2) The stock options were excercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively. |
| 5 | Derivative | Employee Option (right to buy) | 2022-05-27 | M | D | 4,856 | $0.00 | 9,862 | D | $86.54 · — to 2031-02-19 | 4,856 Common Stock | (F3) The stock options were excercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively. |