Filing Details

Accession Number:
0001140361-15-021895
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-27 16:26:10
Reporting Period:
2015-05-26
Filing Date:
2015-05-27
Accepted Time:
2015-05-27 16:26:10
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
1298551 L Jeffrey Taylor 2801 Post Oak Boulevard, Suite 600
Houston TX 77056
Sr Vp, Polyethylene No Yes No 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 2015-05-26 3,112 $30.05 24,615 No 4 M Direct
Common Stock Acquisiton 2015-05-26 1,720 $63.98 26,335 No 4 M Direct
Common Stock Acquisiton 2015-05-26 2,014 $45.70 28,349 No 4 M Direct
Common Stock Disposition 2015-05-26 6,846 $70.58 21,503 No 4 S Direct
Common Stock Disposition 2015-05-26 1,297 $70.50 20,206 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S 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 2015-05-26 3,112 $0.00 3,112 $30.05
Common Stock Employee Option (right to buy) Disposition 2015-05-26 1,720 $0.00 1,720 $63.98
Common Stock Employee Option (right to buy) Disposition 2015-05-26 2,014 $0.00 2,014 $45.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-02-17 No 4 M Direct
3,494 2024-02-14 No 4 M Direct
2,014 2023-02-15 No 4 M Direct
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 May 26, 2015 for ease of reporting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $70.5609 to $70.5894, 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 stock options are exercisable in three installments of 33%, 33% and 34% on February 17, 2013, 2014 and 2015, respectively.
  3. The stock options are exercisable in three installments of 33%, 33% and 34% on February 14, 2015, 2016 and 2017, respectively.
  4. The stock options are exercisable in three installments of 33%, 33% and 34% on February 15, 2014, 2015 and 2016, respectively.