WESTLAKE CHEMICAL CORPORATION
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COMMON STOCK
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960413102
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December 31, 2019
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CUSIP No. 960413102
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13G
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1
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NAMES OF REPORTING PERSONS
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TTWF LP
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☒
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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0
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6
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SHARED VOTING POWER
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92,010,554
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7
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SOLE DISPOSITIVE POWER
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0
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8
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SHARED DISPOSITIVE POWER
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92,010,554
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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92,010,554
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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71.7% (1)
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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PN
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(1) |
Based upon 128,384,703 shares of Westlake Chemical Corporation’s (“Issuer”) common stock, par value $0.01 per share (“Common Stock”) outstanding as
of December 31, 2019, which information was provided by Issuer on January 2, 2020.
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CUSIP No. 960413102
|
13G
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
TTWFGP LLC
|
|
|
|||
|
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☒
|
|||||
(b)☐
|
|
|
|||
3
|
SEC USE ONLY
|
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||
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|
|||
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|
||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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|
|
||
Delaware
|
|
|
|||
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|
||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
|
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0
|
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|||
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|
||||
6
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SHARED VOTING POWER
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92,010,554
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|||
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||||
7
|
SOLE DISPOSITIVE POWER
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0
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|||
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||||
8
|
SHARED DISPOSITIVE POWER
|
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||
92,010,554
|
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|||
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|
||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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||
92,010,554
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|||
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|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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|
||
☐
|
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|
|||
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|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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||
71.7% (1)
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|||
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|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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(1) |
Based upon 128,384,703 shares of Issuer’s Common Stock outstanding as of December 31, 2019.
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CUSIP No. 960413102
|
13G
|
1
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NAMES OF REPORTING PERSONS
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James Chao
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☒
|
|||||
(b)☐
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|||
3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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277,200 (1)
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||||
6
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SHARED VOTING POWER
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92,010,554
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|||
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||||
7
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SOLE DISPOSITIVE POWER
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277,200 (1)
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|||
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||||
8
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SHARED DISPOSITIVE POWER
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||
92,010,554
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|||
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||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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92,287,754 (1)
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|||
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||||
10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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||
☒
|
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|||
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||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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71.8% (1) (2)
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|||
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||||
12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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(1) |
Includes: (i) 1,200 shares of Issuer’s Common Stock of which James Chao is the record owner (ii) 197,955 shares of Issuer’s Common Stock that James Chao has the right to obtain,
within 60 days of December 31, 2019, upon the conversion of 146,750 vested Stock Options and 51,205 unvested Stock Options that will vest on or before February 17, 2020, at a ratio of 1 share of Common Stock for each Stock Option;
(iii) 39,159 Restricted Stock Units (“RSUs”) of which James Chao is the record owner, including 23,237 vested RSUs and 15,922 unvested RSUs that will vest on February 17, 2020; and (iv) 38,886 vested Restricted Shares.
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(2) |
Based upon 128,384,703 shares of Issuer’s Common Stock outstanding as of December 31, 2019, together with the 213,877 shares of Common Stock that, as of December 31, 2019, James
Chao has the right to obtain, within 60 days, upon the conversion of the 197,955 Stock Options and the vesting of 15,922 unvested RSUs of which he was the record owner or that will otherwise vest and be exercisable within 60 days
of December 31, 2019.
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CUSIP No. 960413102
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13G
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1
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NAMES OF REPORTING PERSONS
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Dorothy C. Jenkins
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☒
|
|||||
(b)☐
|
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|
|||
3
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SEC USE ONLY
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|||
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||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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|||
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||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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67,228 (1)
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|||
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||||
6
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SHARED VOTING POWER
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92,010,554
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|||
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||||
7
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SOLE DISPOSITIVE POWER
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67,228 (1)
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|||
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||||
8
|
SHARED DISPOSITIVE POWER
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|
|
||
92,010,554
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|
|||
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|
||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
92,077,782 (1)
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|
|||
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|
||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☒
|
|
|
|||
|
|
||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|
|
||
71.7% (1) (2)
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|
|||
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|
||||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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|||
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(1) |
Includes: (i) 33,666 shares of Issuer’s Common Stock of which Dorothy C. Jenkins is the record owner; (ii) 10,882 vested RSUs of which Dorothy C. Jenkins is the record owner; and
(iii) 22,680 vested Restricted Shares.
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(2) |
Based upon 128,384,703 shares of Issuer’s Common Stock outstanding as of December 31, 2019.
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CUSIP No. 960413102
|
13G
|
1
|
NAMES OF REPORTING PERSONS
|
|
|
||
Albert Chao
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|||
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|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
||||
(a)☒
|
|||||
(b)☐
|
|
|
|||
3
|
SEC USE ONLY
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||
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|||
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||||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
|
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|||
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||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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937,112 (1)
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|||
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||||
6
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SHARED VOTING POWER
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92,010,554
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|||
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||||
7
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SOLE DISPOSITIVE POWER
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937,112 (1)
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|||
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||||
8
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SHARED DISPOSITIVE POWER
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92,010,554
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|||
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||||
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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92,947,666 (1)
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|||
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|
||||
10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
|
||
☒
|
|
|
|||
|
|
||||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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72.1% (1) (2)
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|||
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||||
12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
|
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|||
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(1) |
Includes: (i) 170,507 shares of Issuer’s Common Stock of which Albert Chao is the record owner; (ii) 578,271 shares of Issuer’s Common Stock that Albert Chao has the right to
obtain, within 60 days of December 31, 2019, upon the conversion of 514,100 vested Stock Options and 64,171 unvested Stock Options that will vest on or before February 17, 2020, at a ratio of 1 share of Common Stock for each Stock
Option; (iii) 62,201 RSUs of which Albert Chao is the record owner, including 42,299 vested RSUs and 19,902 unvested RSUs that will vest on February 18, 2020; and (iv) 126,133 vested Restricted Shares.
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(2) | Based upon 128,384,703 shares of Issuer’s Common Stock outstanding as of December 31, 2019, together with 598,173 shares of Common Stock that, as of December 31, 2019, Albert Chao had the right to obtain, within 60 days, upon the conversion of the 578,271 Stock Options and the vesting of 19,902 unvested RSUs of which he was the record owner or that will otherwise vest and be exercisable within 60 days of December 31, 2019. |
(i)
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TTWF LP (“TTWF”);
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(ii)
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TTWFGP LLC (“TTWFGP”);
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(iii)
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James Chao;
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(iv)
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Dorothy C. Jenkins; and
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(v)
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Albert Chao
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TTWF LP
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By:
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TTWFGP LLC
its General Partner
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By:
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/s/ Albert Chao
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Name:
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Albert Chao
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Title:
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Authorized Representative
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By:
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/s/ James Chao
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Name:
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James Chao
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Title:
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Authorized Representative
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TTWFGP LLC
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By:
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/s/ Albert Chao
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Name:
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Albert Chao
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Title:
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Authorized Representative
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By:
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/s/ James Chao
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Name:
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James Chao
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Title:
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Authorized Representative
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/s/ James Chao
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James Chao
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/s/ Dorothy C. Jenkins
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Dorothy C. Jenkins
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/s/ Albert Chao
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Albert Chao
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TTWF LP
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By:
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TTWFGP LLC
its General Partner
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By:
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/s/ Albert Chao
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Name:
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Albert Chao
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Title:
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Authorized Representative
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By:
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/s/ James Chao
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Name:
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James Chao
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Title:
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Authorized Representative
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TTWFGP LLC
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By:
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/s/ Albert Chao
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Name:
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Albert Chao
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Title:
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Authorized Representative
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By:
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/s/ James Chao
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Name:
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James Chao
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Title:
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Authorized Representative
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/s/ James Chao
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James Chao
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/s/ Dorothy C. Jenkins
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Dorothy C. Jenkins
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/s/ Albert Chao
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Albert Chao
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