Filing Details

Accession Number:
0001140361-14-025016
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-10 16:02:43
Reporting Period:
2014-06-09
Filing Date:
2014-06-10
Accepted Time:
2014-06-10 16:02:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1262823 Westlake Chemical Corp WLK Industrial Organic Chemicals (2860) 760346924
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1299505 James Chao 2801 Post Oak Boulevard, Suite 600
Houston TX 77056
Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-06-09 10,108 $45.70 110,234 No 4 M Direct
Common Stock Acquisiton 2014-06-09 32,838 $30.05 143,072 No 4 M Direct
Common Stock Disposition 2014-06-09 42,946 $82.01 100,126 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Option (right to buy) Disposition 2014-06-09 10,108 $0.00 10,108 $45.70
Common Stock Employee Option (right to buy) Disposition 2014-06-09 32,838 $0.00 32,838 $30.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,218 2023-02-15 No 4 M Direct
16,420 2022-02-17 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 40,000 Indirect By Mother
Common Stock 92,010,554 Indirect TTWF LP & TTWF GP LLC Trusts
Footnotes
  1. In accordance with the Securities and Exchange Commission's No Action Letter dated June 25, 2008, we have aggregated the sales that occurred on June 9, 2014 for ease of reporting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $81.79 to $82.34, inclusive. The reporting person undertakes to provide to Westlake Chemical Corp., any security holder of Westlake Chemical Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
  2. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. Values and amounts reflect the results of a two-for-one stock split on March 18, 2014.
  4. The stock options are exercisable in three installments of 33%, 33% and 34% on February 15, 2014, 2015 and 2016, respectively.
  5. The stock options are exercisable in three installments of 33%, 33% and 34% on February 17, 2013, 2014 and 2015, respectively.