0001209191-23-047916.txt : 20230901 0001209191-23-047916.hdr.sgml : 20230901 20230901101207 ACCESSION NUMBER: 0001209191-23-047916 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230831 FILED AS OF DATE: 20230901 DATE AS OF CHANGE: 20230901 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: 231230966 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 2023-08-31 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 2023-08-31 4 M 0 47569 44.42 A 168209 D Common Stock 2023-08-31 4 M 0 62197 61.865 A 230406 D Common Stock 2023-08-31 4 M 0 35321 107.75 A 265727 D Common Stock 2023-08-31 4 M 0 55766 79.83 A 321493 D Common Stock 2023-08-31 4 M 0 43738 65.8125 A 365231 D Common Stock 2023-08-31 4 D 0 226593 131.153 D 138638 D Common Stock 2023-08-31 4 D 0 17998 132.478 D 120640 D Common Stock 2023-08-31 4 G 0 58268 0.00 D 62372 D Common Stock 93405554 I TTWF LP & TTWF GP LLC Emplopyee Option (right to buy) 44.42 2023-08-31 4 M 0 47569 0.00 D 2026-02-18 Common Stock 47569 0 D Emplopyee Option (right to buy) 61.865 2023-08-31 4 M 0 62197 0.00 D 2027-02-17 Common Stock 62197 0 D Emplopyee Option (right to buy) 107.75 2023-08-31 4 M 0 35321 0.00 D 2028-02-16 Common Stock 35321 0 D Emplopyee Option (right to buy) 79.83 2023-08-31 4 M 0 55766 0.00 D 2029-02-15 Common Stock 55766 0 D Emplopyee Option (right to buy) 65.8125 2023-08-31 4 M 0 43738 0.00 D 2030-02-14 Common Stock 43738 34599 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $131.00 to $131.99, 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 $132.01 to $132.91, 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 18, 2017, 2018 and 2019, respectively. The stock options are exercisable in three installments of 33%, 33% and 34% on February 17, 2018, 2019 and 2020, respectively The stock options are exercisable in three installments of 33%, 33% and 34% on February 16, 2019, 2020 and 2021, respectively The stock options are exercisable in three installments of 33%. 33% and 34% on February 15, 2020, 2021 and 2022, respectively. The stock options are exercisable in three installments of 33%, 33% and 34% on February 14, 2021, 2022 and 2023, respectively. James Chao by J. Feng POA 2023-09-01