Chao David Tsung-Hung 4
4 · WESTLAKE CORP · Filed Aug 14, 2023
Insider Transaction Report
Form 4
Chao David Tsung-Hung
Director
Transactions
- Exercise/Conversion
Common Stock
2023-08-12+1,446→ 11,148 total - Exercise/Conversion
Restricted Stock Units
2023-08-12−1,446→ 0 total→ Common Stock (1,446 underlying) - Award
Restricted Stock Units
2023-08-11+1,136→ 1,136 total→ Common Stock (1,136 underlying)
Holdings
- 93,405,554(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- [F2]92,010,554 shares of Issuer are held through TTWF LP, a Delaware limited partnership. 1,395,000 shares of the Issuer are held through TTWFGP LLC, a Delaware limited liability company that is the general partner of TTWF LP. Two trusts for the benefit of members of the Chao family, including the reporting person, are the managers of TTWFGP LLC. The limited partners of TTWF LP are five trusts, principally for the benefit of members of the Chao family, including the reporting person, and two corporations owned, indirectly or directly, by certain of these trusts and by other entities owned by members of the Chao family, including the reporting person. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
- [F3]All of the restricted stock units will vest on August 11, 2024.
- [F4]On August 12, 2022 the reporting person was granted 1,446 restricted stock units vesting on the first anniversary of the grant date.