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

Signature
Victoria K. Gehris, Attorney-in-Fact for Wilbert Platzer
Stock symbol
KWR
Transactions as of
Mar 16, 2022
Transactions value $
$0
Form type
4
Date filed
3/18/2022, 04:45 PM
Previous filing
Nov 12, 2021
Next filing
Aug 17, 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 $0.00 560 Mar 16, 2022 Common Stock 560 Direct F1, F2
transaction KWR Employee Stock Option (right to buy) Award $0 +1.82K $0.00 1.82K Mar 16, 2022 Common Stock 1.82K $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.