SEC Form 4 · accession 0001140361-16-088820
WESTLAKE CORP · WLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence E. Teel
Officer — SVP, Olefins
Period of report
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262823
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 1, 2016 | A | 1,665 | A | — | — | Common Stock | 1,665 | 1,665 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Westlake Chemical Corporation common stock.
- F2The restricted stock units will vest three years from the date of grant (December 1, 2019).