David Slinkman - 15 Mar 2024 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Signature
Victoria K. Gehris, Attorney-in-Fact for David Slinkman
Issuer symbol
KWR
Transactions as of
15 Mar 2024
Net transactions value
-$31,425
Form type
4
Filing time
19 Mar 2024, 16:47:58 UTC
Previous filing
16 May 2023
Next filing
26 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Tax liability $31,425 -157 -3.4% $200.16 4,525 15 Mar 2024 Direct F1
holding KWR Common Stock 63 15 Mar 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 +699 $0.000000 699 15 Mar 2024 Common Stock 699 Direct F3, F4
transaction KWR Restricted Stock Units Award $0 +1,074 +154% $0.000000 1,773 15 Mar 2024 Common Stock 1,074 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 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 equal 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.