Sec Form 3/A Filing - Janssens Thomas J. @ WESTLAKE CORP - 2022-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Janssens Thomas J.
2. Issuer Name and Ticker or Trading Symbol
WESTLAKE CORP [ WLK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Operations-PEM & Corp Log
(Last) (First) (Middle)
2801 POST OAK BOULEVARD, SUITE 600
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2022
(Street)
HOUSTON, TX77056
4. If Amendment, Date Original Filed (MM/DD/YY)
03/01/2022
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6,765( 1 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 2 ) ( 3 ) ( 3 ) Common Stock 1,538 D
Restricted Stock Units ( 2 ) ( 4 ) ( 4 ) Common Stock 3,039 D
Restricted Stock Units ( 2 ) ( 5 ) ( 5 ) Common Stock 1,170 D
Restricted Stock Units ( 2 ) ( 6 ) ( 6 ) Common Stock 1,313 D
Employee Option (right to buy) $ 107.75 ( 7 ) 02/16/2028 Common Stock 2,485 D
Employee Option (right to buy) $ 79.83 ( 8 ) 02/15/2029 Common Stock 4,337 D
Employee Option (right to buy) $ 65.8125 ( 9 ) 02/14/2030 Common Stock 6,507 D
Employee Option (right to buy) $ 86.5379 ( 10 ) 02/19/2031 Common Stock 4,020 D
Employee Option (right to buy) $ 108.1175 ( 11 ) 02/18/2032 Common Stock 4,152 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Janssens Thomas J.
2801 POST OAK BOULEVARD, SUITE 600
HOUSTON, TX77056
SVP, Operations-PEM & Corp Log
Signatures
Thomas J. Janssens by J. Feng POA 03/15/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Due to a rounding error, discovered on March 15, 2022, the original Form 3 filed on behalf of the Reporting Person on March 2, 2022 (the 'Original Form 3') reported beneficial ownership of 6,766 shares of common stock. This Form 3/A amends that filing to reflect the correct amount of 6,765 shares of common stock. Beneficial Ownership in Table II of the Original Form 3 remains the same, other than conforming changes in footnote numbering.
( 2 )Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
( 3 )The RSUs were granted February 14, 2020 and vest on the third anniversary of the grant date.
( 4 )The RSUs were granted February 14, 2020 and vest on the fifth anniversary of the grant date.
( 5 )The RSUs were granted February 19, 2021 and vest on the third anniversary of the grant date.
( 6 )The RSUs were granted February 18, 2022 and vest on the third anniversary of the grant date.
( 7 )These Stock Options were granted February 16, 2018 and are exercisable by the Reporting Person.
( 8 )These Stock Options were granted February 15, 2019 and are exercisable by the Reporting Person.
( 9 )These Stock Options were granted February 14, 2020. 66% of the 6,507 Stock Options granted have vested and are excercisable; the remaining 34% will vest on February 14, 2023.
( 10 )These Stock Options were granted February 19, 2021. 33% of the 4,020 Stock Options granted have vested and are excercisable; the remaining Stock Options will vest at 33% on February 19, 2023 and at 34% on February 19, 2024.
( 11 )These Stock Options were granted February 18, 2022 and are excercisable in three installments of 33%, 33% and 34% on February 18, 2023, 2024 and 2025, respectively.

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