0001567619-22-011458.txt : 20220523
0001567619-22-011458.hdr.sgml : 20220523
20220523120713
ACCESSION NUMBER: 0001567619-22-011458
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220519
FILED AS OF DATE: 20220523
DATE AS OF CHANGE: 20220523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chao Albert
CENTRAL INDEX KEY: 0001299403
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32260
FILM NUMBER: 22950449
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
doc1.xml
FORM 4
X0306
4
2022-05-19
0
0001262823
WESTLAKE CORP
WLK
0001299403
Chao Albert
2801 POST OAK BOULEVARD, SUITE 600
HOUSTON
TX
77056
1
1
1
0
President & CEO
Common Stock
2022-05-19
4
M
0
37876
45.6975
A
510859
D
Common Stock
2022-05-19
4
S
0
12016
131.1127
D
498843
D
Common Stock
2022-05-19
4
S
0
20815
130.1955
D
478028
D
Common Stock
2022-05-19
4
S
0
5045
129.378
D
472983
D
Common Stock
93405554
I
TTWF LP & TTWF GP LLC
Employee Option (right to buy)
45.6975
2022-05-19
4
M
0
37876
0
D
2023-02-15
Common Stock
37876
0
D
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.
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.
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.
93,405,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership, and TTWF GP LLC, a Delaware limited liability company and 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 shares investment and voting power with respect to the shares beneficially owned by TTWF LP and TTWFGP LLC. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
The stock options are excercisable in three equal installments on February 15, 2014, 2015 and 2016.
Albert Chao by Julia Feng POA
2022-05-23