4//SEC Filing
Buesinger Robert F. 4
Accession 0000950170-25-025477
CIK 0001262823other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 2:10 PM ET
Size
11.4 KB
Accession
0000950170-25-025477
Insider Transaction Report
Form 4
Buesinger Robert F.
Sr. Vice President, Vinyls
Transactions
- Tax Payment
Common Stock
2025-02-21$110.54/sh−2,738$302,659→ 34,932 total - Award
Common Stock
2025-02-20+6,839→ 37,670 total - Award
Restricted Stock Units
2025-02-21+4,356→ 4,356 total→ Common Stock (4,356 underlying) - Award
Employee Option (right to buy)
2025-02-21+13,141→ 13,141 totalExercise: $110.15Exp: 2035-02-21→ Common Stock (13,141 underlying)
Footnotes (6)
- [F1]Represents shares of common stock that vested on February 20, 2025, upon the determination by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 18, 2022, under the terms of the Issuer's 2013 Omnibus Incentive Plan.
- [F2]Shares otherwise issuable were witheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs.
- [F3]Weighted average price. These shares were sold in multiple transactions at prices ranging from $110.54 to $111.32, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]The stock options are excercisable in three installments of 33%, 33% and 34% on February 21, 2026, 2027 and 2028, respectively.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to recieve one share of the Issuer's common stock.
- [F6]All of the RSUs will vest on February 21, 2028.
Documents
Issuer
WESTLAKE CORP
CIK 0001262823
Entity typeother
Related Parties
1- filerCIK 0001488587
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 2:10 PM ET
- Size
- 11.4 KB