SEC Form 4 · accession 0001140361-17-032925
WESTLAKE CORP · WLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Bruce Northcutt
Director
Period of report
Aug 21, 2017
Accepted (ET)
Aug 22, 2017 · 9:17 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262823
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 21, 2017 | M | 603 | — | A | 4,683 | D | |
| Common StockF1 | Aug 22, 2017 | M | 357 | — | A | 5,040 | D |
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 | — | Aug 21, 2017 | M | 603 | D | — | — | Common Stock | 603 | 603 | D |
| Restricted Stock UnitsF1,F3 | — | Aug 22, 2017 | M | 357 | D | — | — | Common Stock | 357 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into the Issuer's shares of common stock on a one-to-one basis.
- F2On August 21, 2015, the reporting person was granted 1,809 restricted stock units vesting in three equal installments beginning on the first anniversary of the grant date.
- F3On August 22, 2014, the reporting person was granted 1,071 restricted stock units vesting in three equal installments beginning on the first anniversary of the grant date.