0001140361-18-012160.txt : 20180306 0001140361-18-012160.hdr.sgml : 20180306 20180306104112 ACCESSION NUMBER: 0001140361-18-012160 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180302 FILED AS OF DATE: 20180306 DATE AS OF CHANGE: 20180306 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: 001-36567 FILM NUMBER: 18668947 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD, SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Westlake Chemical Partners LP CENTRAL INDEX KEY: 0001604665 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 320436529 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BOULEVARD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: (713) 960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BOULEVARD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 4 1 doc1.xml FORM 4 X0306 4 2018-03-02 0 0001604665 Westlake Chemical Partners LP WLKP 0001299403 Chao Albert 2801 POST OAK BLVD SUITE 600 HOUSTON TX 77056 1 1 1 0 President & CEO Common Units (Limited Partner Interests) 2018-03-02 4 P 0 2000 22.86 A 49500 D Common Units (Limited Partner Interests) 2018-03-05 4 P 0 2000 22.91 A 51500 D Common Units (Limited Partner Interests) 27275 I by Trusts Common Units (Limited Partner Interests) 14122230 I TTWF LP & TTWF GP LLC The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions ranging from $22.75 to $22.95, inclusive. The reporting person undertakes to provide to Westlake Chemical Partners LP, any security holder of Westlake Chemical Partners LP or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions ranging from $22.80 to $23.00, inclusive. The reporting person undertakes to provide to Westlake Chemical Partners LP, any security holder of Westlake Chemical Partners LP or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote. WPT LLC ("WPT") owns 14,122,230 common units ("Common Units") representing limited partner interests in the Issuer. Westlake Chemical Corporation ("Westlake") owns 100% of Westlake Olefins Corporation, which owns 100% of Westlake Chemical Investments, Inc., which owns 100% of Westlake Polymers LLC, which owns 100% of WPT. The reporting person may be deemed to indirectly own the Common Units through his ownership interest in TTWF LP, a Delaware limited partnership through which the reporting person indirectly holds 92,010,554 shares of Westlake. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWF GP LLC, a Delaware limited liability company that is the general partner of TTWF LP. 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 common units beneficially owned by TTWF LP. The reporting person disclaims beneficial ownership of the Common Units except to the extent of his pecuniary interest therein. Mr. Albert Chao is a Director, President and CEO of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP. Albert Chao by J. Feng POA 2018-03-06