0001140361-17-011003.txt : 20170308 0001140361-17-011003.hdr.sgml : 20170308 20170308160237 ACCESSION NUMBER: 0001140361-17-011003 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170301 FILED AS OF DATE: 20170308 DATE AS OF CHANGE: 20170308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CHEMICAL CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schubert Lawrence CENTRAL INDEX KEY: 0001699921 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 17675118 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 3 1 doc1.xml FORM 3 X0206 3 2017-03-01 0 0001262823 WESTLAKE CHEMICAL CORP WLK 0001699921 Schubert Lawrence 2801 POST OAK BLVD. SUITE 600 HOUSTON TX 77056 0 1 0 0 Vice President, Polyethylene Restricted Stock Units Common Stock 573 D Restricted Stock Units Common Stock 904 D Restricted Stock Units Common Stock 3330 D Restricted Stock Units Common Stock 744 D Employee Option (right to buy) 63.9775 2024-02-14 Common Stock 1420 D Employee Option (right to buy) 68.09 2025-02-20 Common Stock 1910 D Employee Option (right to buy) 44.42 2026-02-18 Common Stock 2307 D Employee Option (right to buy) 61.865 2027-02-17 Common Stock 2905 D Each restricted stock unit represents a contingent right to receive one share of Westlake Chemical Corporation common stock. The restricted stock units will vest three years from the date of grant (February 20, 2018). The restricted stock units will vest three years from the date of grant (February 18, 2019). The restricted stock units will vest three years from the date of grant (December 1, 2019). The restricted stock units will vest three years from the date of grant (February 17, 2020). The stock options are exercisable in three installments of 33%, 33%, and 34% on February 14, 2015, 2016 and 2017, respectively. The stock options are exercisable in three installments of 33%, 33%, and 34% on February 20, 2016, 2017 and 2018, respectively. The stock options are exercisable in three installments of 33%, 33%, and 34% on February 18, 2017, 2018 and 2019, respectively. The stock options are exercisable in three installments of 33%, 33%, and 34% on February 17, 2018, 2019 and 2020, respectively. Lawrence Schubert by J. Iglesias POA 2017-03-08 EX-24 2 schub.htm POWER OF ATTORNEY

POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints each of the following: L. Benjamin Ederington, Julia Feng and Joel Iglesias signing singly, the undersigned's true and lawful attorney-in-fact to:
(1)
execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Westlake Chemical Corporation (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder, and any other forms or reports the undersigned may be required to file in connection with the undersigned's ownership, acquisition, or disposition of securities of the Company;

(2)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or other form or report, including without limitation, all forms or reports necessary to obtain EDGAR Identification Numbers, and timely file such form or report with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

(3)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming that all such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or case to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed effective as of March 1, 2017.


 
   
/s/ LAWRENCE SCHUBERT
   
LAWRENCE SCHUBERT
 

STATE OF TEXAS
 
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§
 
COUNTY OF HARRIS
 
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Before me on this 1 day of March, 2017, personally appeared Lawrence Schubert and acknowledged to me that he executed the foregoing for the purposes therein expressed.
 

   
/s/ AMANDA HELTON
   
Notary Public, State of Texas

My Commission Expires:

December 9, 2017