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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Subordinated Units (Limited Partner Interests) | (1) | 08/30/2017 | C | 12,686,115 | (1) | (1) | Common Units (Limited Partner Interests) | 12,686,115 | (1) | 0 | D (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WPT LLC 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X | |||
WESTLAKE CHEMICAL CORP 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X | |||
WESTLAKE POLYMERS LLC 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X | |||
WESTLAKE CHEMICAL INVESTMENTS, INC. 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X | |||
WESTLAKE OLEFINS CORP 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X | |||
TTWF LP 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X | |||
TTWFGP LLC 2801 POST OAK BLVD SUITE 600 HOUSTON, TX 77056 |
X |
WPT LLC, /s/ Albert Chao, by Albert Chao President of Westlake Chemical Investments, Inc. its manager | 08/30/2017 | |
**Signature of Reporting Person | Date | |
Westlake Polymers LLC, /s/ Albert Chao, by Albert Chao, President of Westlake Chemical Investments, Inc., its manager | 08/30/2017 | |
**Signature of Reporting Person | Date | |
Westlake Chemical Investments, Inc., /s/ Albert Chao, by Albert Chao, President | 08/30/2017 | |
**Signature of Reporting Person | Date | |
Westlake Olefins Corporation, /s/ Albert Chao, by Albert Chao, President | 08/30/2017 | |
**Signature of Reporting Person | Date | |
TTWF LP, by TTWF GP LLC, its general partner, /s/ Albert Chao, by Albert Chao, an Authorized Representative, /s/ James Chao, James Chao, an Authorized Representative | 08/30/2017 | |
**Signature of Reporting Person | Date | |
TTWF GP LLC, /s/ Albert Chao, By: Albert Chao, an Authorized Representative, /s/ James Chao, James Chao, an Authorized Representative | 08/30/2017 | |
**Signature of Reporting Person | Date | |
Westlake Chemical Corporation, /s/ Albert Chao, by Albert Chao, President and CEO | 08/30/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On August 30, 2017, pursuant to the terms of the agreement of limited partnership (the "Partnership Agreement") of the Issuer, the 12,686,115 subordinated units representing limited partner interests in the Issuer (the "subordinated units") acquired by WPT LLC ("WPT") in the Issuer's initial public offering converted into common units representing limited partner interests of the Issuer ("common units") on a one-for-one basis, resulting in the acquisition of 12,686,115 common units. The subordinated units had no expiration date. |
(2) | As of August 30, 2017, (i) WPT owns 55.7% of the outstanding limited partner interests in the Issuer. Westlake Chemical Corporation ("Westlake") owns 100% of Westlake Olefins Corporation, which owns 100% of Westlake Chemical Investments, Inc., which owns 100% of Westlake Polymers LLC, which owns 100% of WPT. TTWF LP, a Delaware limited partnership, holds 92,010,554 shares of Westlake's common stock. TTWF GP LLC, a Delaware limited liability company, is the general partner of TTWF LP. Each of the reporting persons in the above described ownership chain of WPT may be deemed to indirectly own the common units and the subordinated units directly held by WPT. |