SEC Form 4 · accession 0001567619-19-004972
WESTLAKE CORP · WLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence E. Teel
Officer — EVP, Olefins
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 1:52 pm EST
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 | Feb 18, 2019 | M | 3,137 | — | A | 5,259 | D | |
| Common Stock | Feb 19, 2019 | F | 786 | $73.29 | D | 4,473 | D | |
| Common Stock | Feb 19, 2019 | F | 75 | $75.81 | D | 4,398 | 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 | — | Feb 18, 2019 | M | 3,137 | D | — | — | Common Stock | 3,137 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into Issuer's shares of common stock on a one-for-one basis.
- F2On February 18, 2016, the reporting person was granted 3,137 restricted stock units vesting on the third anniversary of the grant date.