Michael F. Barry - 01 Feb 2023 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role
Director
Signature
Victoria K. Gehris, Attorney-in-Fact for Michael F. Barry
Issuer symbol
KWR
Transactions as of
01 Feb 2023
Net transactions value
-$4,075,487
Form type
4
Filing time
03 Feb 2023, 15:23:55 UTC
Previous filing
19 Dec 2022
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Sale $103,380 -529 -0.52% $195.43 101,005 01 Feb 2023 Direct F1, F2
transaction KWR Common Stock Sale $718,120 -3,651 -3.6% $196.69 97,354 01 Feb 2023 Direct F1, F3
transaction KWR Common Stock Sale $568,996 -2,882 -3% $197.43 94,472 01 Feb 2023 Direct F1, F4
transaction KWR Common Stock Sale $277,949 -1,400 -1.5% $198.54 93,072 01 Feb 2023 Direct F1, F5
transaction KWR Common Stock Sale $19,950 -100 -0.11% $199.50 92,972 01 Feb 2023 Direct F1
transaction KWR Common Stock Sale $40,182 -200 -0.22% $200.91 92,772 01 Feb 2023 Direct F1, F6
transaction KWR Common Stock Sale $466,224 -2,301 -2.5% $202.62 90,471 01 Feb 2023 Direct F1, F7
transaction KWR Common Stock Sale $628,406 -3,091 -3.4% $203.30 87,380 01 Feb 2023 Direct F1, F8
transaction KWR Common Stock Sale $101,065 -494 -0.57% $204.58 86,886 01 Feb 2023 Direct F1, F9
transaction KWR Common Stock Sale $72,301 -352 -0.41% $205.40 86,534 01 Feb 2023 Direct F1, F10
transaction KWR Common Stock Options Exercise $1,024,312 +6,750 +7.8% $151.75 93,284 02 Feb 2023 Direct
transaction KWR Common Stock Tax liability $1,214,793 -5,635 -6% $215.58 87,649 02 Feb 2023 Direct
transaction KWR Common Stock Options Exercise $2,188,710 +14,128 +16% $154.92 101,777 02 Feb 2023 Direct
transaction KWR Common Stock Tax liability $2,552,036 -11,838 -12% $215.58 89,939 02 Feb 2023 Direct
transaction KWR Common Stock Options Exercise $2,244,449 +16,426 +18% $136.64 106,365 02 Feb 2023 Direct
transaction KWR Common Stock Tax liability $2,769,556 -12,847 -12% $215.58 93,518 02 Feb 2023 Direct

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 -6,750 -100% $0.000000* 0 02 Feb 2023 Common Stock 6,750 $151.75 Direct F11
transaction KWR Employee Stock Option (right to buy) Options Exercise $0 -14,128 -100% $0.000000* 0 02 Feb 2023 Common Stock 14,128 $154.92 Direct F12
transaction KWR Employee Stock Option (right to buy) Options Exercise $0 -16,426 -67% $0.000000 8,212 02 Feb 2023 Common Stock 16,426 $136.64 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of shares reported for this transaction was effected pursuant to a Rule 10b5-1 Plan entered into by reporting person on November 29, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.91 to $195.89, 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 (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.00 to $196.96, 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 (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.00 to $197.95, 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 (4) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.06 to $199.01, 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 (5) to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.79 to $201.03, 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 (6) to this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $202.03 to $203.02, 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 (7) to this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.03 to $203.98, 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 (8) to this Form 4.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.07 to $205.02, 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 (9) to this Form 4.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.13 to $205.88, 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 (10) to this Form 4.
F11 The options for this grant vested in three annual installments: 6,751 shares on February 26, 2019; 6,750 shares on February 26, 2020; and 6,750 shares on February 26, 2021.
F12 The options for this grant vested in three annual installments: 7,065 shares on February 25, 2020; 7,064 shares on February 25, 2021; and 7,064 shares on February 25, 2022.
F13 The options for this grant vest in three annual installments: 8,213 shares on March 30, 2021; 8,213 shares on March 30, 2022; and 8,212 shares on March 30, 2023.