0001567619-22-006069.txt : 20220302 0001567619-22-006069.hdr.sgml : 20220302 20220302161321 ACCESSION NUMBER: 0001567619-22-006069 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220302 DATE AS OF CHANGE: 20220302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Janssens Thomas J. CENTRAL INDEX KEY: 0001834230 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 22703578 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD. STREET 2: 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 3 1 doc1.xml FORM 3 X0206 3 2022-03-01 0 0001262823 WESTLAKE CORP WLK 0001834230 Janssens Thomas J. 2801 POST OAK BOULEVARD, SUITE 600 HOUSTON TX 77056 0 1 0 0 SVP, Operations-PEM & Corp Log Common Stock 6766 D Restricted Stock Units Common Stock 1538 D Restricted Stock Units Common Stock 3039 D Restricted Stock Units Common Stock 1170 D Restricted Stock Units Common Stock 1313 D Employee Option (right to buy) 107.75 2028-02-16 Common Stock 2485 D Employee Option (right to buy) 79.83 2029-02-15 Common Stock 4337 D Employee Option (right to buy) 65.8125 2030-02-14 Common Stock 6507 D Employee Option (right to buy) 86.5379 2031-02-19 Common Stock 4020 D Employee Option (right to buy) 108.1175 2032-02-18 Common Stock 4152 D Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting. The RSUs were granted February 14, 2020 and vest on the third anniversary of the grant date. The RSUs were granted February 14, 2020 and vest on the fifth anniversary of the grant date. The RSUs were granted February 19, 2021 and vest on the third anniversary of the grant date. The RSUs were granted February 18, 2022 and vest on the third anniversary of the grant date. These Stock Options were granted February 16, 2018 and are exercisable by the Reporting Person. These Stock Options were granted February 15, 2019 and are exercisable by the Reporting Person. These Stock Options were granted February 14, 2020. 66% of the 6,507 Stock Options granted have vested and are excercisable; the remaining 34% will vest on February 14, 2023. These Stock Options were granted February 19, 2021. 33% of the 4,020 Stock Options granted have vested and are excercisable; the remaining Stock Options will vest at 33% on February 19, 2023 and at 34% on February 19, 2024. These Stock Options were granted February 18, 2022 and are excercisable in three installments of 33%, 33% and 34% on February 18, 2023, 2024 and 2025, respectively. Thomas J. Janssens by J. Feng POA 2022-03-02 EX-24.1 2 poa_janssens.htm

POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints each of the following: L. Benjamin Ederington and Julia Feng 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 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 the 1st day of March, 2022.



 
/s/ Thomas J. Janssens
 
Thomas J. Janssens




STATE OF TEXAS
§


§

COUNTY OF HARRIS
§

Before me on this 1st day of March, 2022, personally appeared Thomas J. Janssens and acknowledged to me that he executed the foregoing for the purposes therein expressed.



 
Eva Gregory
 
Notary Public, State of Texas

My Commission Expires:


January 23, 2025