CHAO ALBERT (President & CEO) exercised options at WESTLAKE CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/31/2023ACC: 0001209191-23-047808
DirectorOfficer10% Owner· President & CEO
Since Nov 2018
+20K
Net shares
Net buyer
$2.68M
Total sold
0
Open market trades
0B · 0S
4
Total transactions
40K acquired · 20K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+20K
Price / share
$63.98
Trade value
$1.28M
% of position
3.8%
8/30/2023
520.15K→540.15K
Common Stock
Direct
Shares
−17.68K
Price / share
$134.09
Trade value
$2.37M
% of position
3.3%
8/30/2023
540.15K→522.46K
Common Stock
Direct
Shares
−2.31K
Price / share
$134.60
Trade value
$311.60K
% of position
81.7%
8/30/2023
2.84K→520.15
Total
Net shares
+0.00
Net value
-$1.40M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/30/2023 | M · Option Exercise | +20K | $63.98 | $1.28M | 3.8% | 520.15K | 540.15K |
| Common Stock Direct | 8/30/2023 | D · Disposition | −17.68K | $134.09 | $2.37M | 3.3% | 540.15K | 522.46K |
| Common Stock Direct | 8/30/2023 | D · Disposition | −2.31K | $134.60 | $311.60K | 81.7% | 2.84K | 520.15 |
| Total | +0.00 | -$1.40M | ||||||
Derivative Transactions1
Employee Option (right to buy)
Direct
Converts to
Common Stock
20K shares
Shares
+20K
Strike price
63.9775
Held after
19.99K
Exercisable
—
8/30/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Option (right to buy) Direct | Common Stock20K shares | 8/30/2023 | M · Option Exercise | +20K | 63.9775 | — | 19.99K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned93.41M
Total
93.41M indirect93.41M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 93.41M | Indirect |
| Total | 93.41M | 93.41M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported