0001209191-23-047818.txt : 20230831
0001209191-23-047818.hdr.sgml : 20230831
20230831143642
ACCESSION NUMBER: 0001209191-23-047818
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230830
FILED AS OF DATE: 20230831
DATE AS OF CHANGE: 20230831
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chao James
CENTRAL INDEX KEY: 0001299505
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32260
FILM NUMBER: 231228391
MAIL ADDRESS:
STREET 1: 2801 POST OAK BLVD, SUITE 600
CITY: HOUSTON
STATE: TX
ZIP: 77056
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WESTLAKE 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
FORMER COMPANY:
FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP
DATE OF NAME CHANGE: 20030908
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-08-30
0
0001262823
WESTLAKE CORP
WLK
0001299505
Chao James
2801 POST OAK BLVD., STE. 600
HOUSTON
TX
77056
1
1
1
0
Chairman
0
Common Stock
2023-08-30
4
M
0
12321
68.09
A
132961
D
Common Stock
2023-08-30
4
M
0
17735
44.42
A
150696
D
Common Stock
2023-08-30
4
D
0
30056
133.703
D
120640
D
Common Stock
93405554
I
TTWF LP & TTWF GP LLC
Employee Option (right to buy)
68.09
2023-08-30
4
M
0
12321
0.00
A
2025-02-20
Common Stock
12321
0
D
Emplopyee Option (right to buy)
44.42
2023-08-30
4
M
0
17735
0.00
A
2026-02-18
Common Stock
17735
47569
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $133.50 to $134.375, 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.
92,010,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership. 1,395,000 shares of the Issuer are held through TTWFGP LLC, a Delaware limited liability company that is the general partner of TTWF LP. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWFGP LLC. The limited partners of TTWF LP are five trusts, principally for the benefit of members of the Chao family, including the reporting person, and two corporations owned, indirectly or directly, by certain of these trusts and by other entities owned by members of the Chao family, including the reporting person. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
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.
James Chao by J. Feng POA
2023-08-31