Jeewat Bijlani - Mar 15, 2024 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role
EVP, Chief Strategy Officer
Signature
Victoria K. Gehris, Attorney-in-Fact for Jeewat Bijlani
Stock symbol
KWR
Transactions as of
Mar 15, 2024
Transactions value $
-$70,456
Form type
4
Date filed
3/19/2024, 04:37 PM
Previous filing
Dec 22, 2023
Next filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Tax liability -$70.5K -352 -6.9% $200.16 4.75K Mar 15, 2024 Direct F1
holding KWR Common Stock 60 Mar 15, 2024 By 401(k) F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KWR Restricted Stock Units Award $0 +1.3K $0.00 1.3K Mar 15, 2024 Common Stock 1.3K Direct F3, F4
transaction KWR Restricted Stock Units Award $0 +1.29K +99.08% $0.00 2.58K Mar 15, 2024 Common Stock 1.29K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered by reporting person to satisfy withholding tax obligation upon vesting of restricted stock granted on March 15, 2021 and October 13, 2021 and partial vesting of restricted stock granted on March 15, 2023, each under the Company's Long-Term Performance Incentive Plan.
F2 Information based on reporting person's Plan Statement as of December 31, 2023.
F3 Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.
F4 The restricted stock units vest in three consecutive installments beginning on March 15, 2025. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.
F5 Special time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.