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