SEC Form 4 · accession 0001567619-18-001434
WESTLAKE CORP · WLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert T Blakely
Director
Period of report
Aug 17, 2018
Accepted (ET)
Aug 20, 2018 · 10:48 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 17, 2018 | M | 1,003 | — | A | 8,665 | D | |
| Common StockF1 | Aug 18, 2018 | M | 1,721 | — | A | 10,386 | 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 17, 2018 | M | 1,003 | D | — | — | Common Stock | 1,003 | 1,003 | D |
| Restricted Stock UnitsF1,F4 | — | Aug 17, 2018 | A | 1,409 | A | — | — | Common Stock | 1,409 | 1,409 | D |
| Restricted Stock UnitsF1,F3 | — | Aug 18, 2018 | M | 1,721 | D | — | — | Common Stock | 1,721 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- F2On August 17, 2016 the reporting person was granted 3,009 restricted stock units vesting in three equal installments beginning on the first anniversary of the grant date.
- F3On August 18, 2017 the reporting person was granted 1,721 restricted stock units vesting on the first anniversary of the grant date.
- F4All of the restricted stock units will vest on August 17, 2019.