Melissa Leneis - May 17, 2024 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role: EVP, CHRO
Signature: Victoria K. Gehris, Attorney-in-Fact for Melissa Leneis
Stock symbol: KWR
Transactions as of: May 17, 2024
Transactions value $: -$158,317
Form type: 4
Date filed: 5/21/2024, 04:11 PM
Previous filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KWR	Common Stock	Sale	-$77.7K	-400	-13.29%	$194.20	2.61K	May 17, 2024	Direct
transaction	KWR	Common Stock	Options Exercise	$230K	+1.62K	+62.02%	$142.38	4.23K	May 17, 2024	Direct
transaction	KWR	Common Stock	Sale	-$311K	-1.62K	-38.28%	$192.22	2.61K	May 17, 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	Employee Stock Option (right to buy)	Options Exercise	$0	-1.62K	-53.42%	$0.00	1.41K	May 17, 2024	Common Stock	1.62K	$142.38	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.9907 to $192.35, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2	The options for this grant vest in three annual installments: 1,410 shares on March 16, 2023; 1,410 shares on March 16, 2024; and 1,411 shares on March 16, 2025.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.9907 to $192.35, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

The options for this grant vest in three annual installments: 1,410 shares on March 16, 2023; 1,410 shares on March 16, 2024; and 1,411 shares on March 16, 2025.