Jeewat Bijlani - 15 Mar 2025 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Signature
Victoria K. Gehris, Attorney-in-Fact for Jeewat Bijlani
Issuer symbol
KWR
Transactions as of
15 Mar 2025
Net transactions value
-$103,932
Form type
4
Filing time
18 Mar 2025, 18:08:04 UTC
Previous filing
17 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Tax liability $16,958 -132 -2.8% $128.47 4,615 15 Mar 2025 Direct F1
transaction KWR Common Stock Options Exercise +432 +9.4% 5,047 15 Mar 2025 Direct F2
transaction KWR Common Stock Exercise of in-the-money or at-the-money derivative security +4 +0.08% 5,051 15 Mar 2025 Direct F3
transaction KWR Common Stock Tax liability $15,416 -120 -2.4% $128.47 4,931 15 Mar 2025 Direct F4
transaction KWR Common Stock Options Exercise +428 +8.7% 5,359 15 Mar 2025 Direct F2
transaction KWR Common Stock Exercise of in-the-money or at-the-money derivative security +4 +0.07% 5,363 15 Mar 2025 Direct F3
transaction KWR Common Stock Tax liability $15,288 -119 -2.2% $128.47 5,244 15 Mar 2025 Direct F4
transaction KWR Common Stock Tax liability $24,409 -190 -3.6% $128.47 5,054 16 Mar 2025 Direct F5
transaction KWR Common Stock Tax liability $31,861 -248 -4.9% $128.47 4,806 16 Mar 2025 Direct F6
holding KWR Common Stock 60 15 Mar 2025 By 401(k) F7

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 Options Exercise $0 -432 -33% $0.000000 866 15 Mar 2025 Common Stock 432 Direct F2, F8
transaction KWR Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security -4 -100% 0 15 Mar 2025 Common Stock 4 Direct F3
transaction KWR Restricted Stock Units Options Exercise $0 -428 -33% $0.000000 858 15 Mar 2025 Common Stock 428 Direct F2, F9
transaction KWR Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security -4 -100% 0 15 Mar 2025 Common Stock 4 Direct F3
transaction KWR Restricted Stock Units Award $0 +2,023 $0.000000 2,023 15 Mar 2025 Common Stock 2,023 Direct F10, F11
* 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 Restricted stock units convert into common stock on a one-for-one basis.
F3 Settlement of dividend equivalent rights in connection with vesting of restricted stock unit. The rights accrued when and as dividends were paid on KWR common stock. Each dividend equivalent right was the economic equivalent of one share of KWR common stock.
F4 Shares surrendered by reporting person to satisfy withholding tax obligation upon partial vesting of restricted stock units granted on March 15, 2024 under the Company's Long-Term Performance Incentive Plan.
F5 Shares surrendered by reporting person to satisfy withholding tax obligation upon vesting of restricted stock granted on March 16, 2022 under the Company's Long-Term Performance Incentive Plan.
F6 Shares surrendered by reporting person to satisfy withholding tax obligation upon vesting of special restricted stock granted on October 17, 2022 under the Company's Long-Term Performance Incentive Plan.
F7 Information based on reporting person's Plan Statement as of December 31, 2024.
F8 On March 15, 2024, the reporting person was granted 1,298 time-based restricted stock units, vesting in three annual installments beginning on March 15, 2025.
F9 On March 15, 2024, the reporting person was granted 1,286 special time-based restricted stock units, vesting in three equal installments beginning on March 15, 2025.
F10 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.
F11 The restricted stock units vest in three annual installments beginning on March 15, 2026. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.