L. Wilbert Platzer - 16 Mar 2022 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Signature
Victoria K. Gehris, Attorney-in-Fact for Wilbert Platzer
Issuer symbol
KWR
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
4
Filing time
18 Mar 2022, 16:45:16 UTC
Previous filing
12 Nov 2021
Next filing
17 Aug 2022

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 +560 $0.000000 560 16 Mar 2022 Common Stock 560 Direct F1, F2
transaction KWR Employee Stock Option (right to buy) Award $0 +1,819 $0.000000 1,819 16 Mar 2022 Common Stock 1,819 $178.29 Direct F3
* 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 granted under the Company's 2016 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 March 16, 2025. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.
F3 This award represents stock options granted to reporting person for the 2022-2024 Performance Period under the Company's 2016 Long-Term Performance Incentive Plan. The stock options are exercisable in three consecutive annual installments: 606 shares on March 16, 2023; 606 shares on March 16, 2024; and 607 shares on March 16, 2025.