Jeffrey L. Fleck - Mar 15, 2024 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Signature
Victoria K. Gehris, Attorney-in-Fact for Jeffrey L. Fleck
Stock symbol
KWR
Transactions as of
Mar 15, 2024
Transactions value $
-$17,814
Form type
4
Date filed
3/19/2024, 04:39 PM
Previous filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Tax liability -$17.8K -89 -3.2% $200.16 2.7K Mar 15, 2024 Direct F1

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 +799 $0.00 799 Mar 15, 2024 Common Stock 799 Direct F2, F3
* 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 partial vesting of restricted stock granted on March 15, 2023 under the Company's Long-Term Performance Incentive Plan.
F2 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.
F3 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.