Thomas Coler - 15 Dec 2024 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role: EVP, CFO
Signature: Victoria K. Gehris, Attorney-in-Fact for Thomas Coler
Issuer symbol: KWR
Transactions as of: 15 Dec 2024
Net transactions value: $0
Form type: 4
Filing time: 17 Dec 2024, 16:16:11 UTC
Previous filing: 17 Jun 2024
Next filing: 18 Mar 2025
SEC: View on sec.gov

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	+5,565		$0.000000	5,565	15 Dec 2024	Common Stock	5,565		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Time-based restricted stock units subject to a performance modifier, based on the Company's relative Total Shareholder Return compared to the S&P 1500 Index, granted under the Company's 2024 Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.
F2	The restricted stock units vest on the third anniversary of the grant date. The target number of restricted stock units will be adjusted from 75% to 125% of the target number of restricted stock units depending on the achievement of the relative TSR performance criteria measured at the end of the three-year performance period from December 15, 2024 through December 15, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.

Content

Time-based restricted stock units subject to a performance modifier, based on the Company's relative Total Shareholder Return compared to the S&P 1500 Index, granted under the Company's 2024 Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.

The restricted stock units vest on the third anniversary of the grant date. The target number of restricted stock units will be adjusted from 75% to 125% of the target number of restricted stock units depending on the achievement of the relative TSR performance criteria measured at the end of the three-year performance period from December 15, 2024 through December 15, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.