Melissa Leneis - 12 May 2023 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role: EVP, CHRO
Signature: Victoria K. Gehris, Attorney-in-Fact for Melissa Leneis
Issuer symbol: KWR
Transactions as of: 12 May 2023
Net transactions value: -$41,537
Form type: 4
Filing time: 16 May 2023, 16:28:14 UTC
Previous filing: 17 Mar 2023
Next filing: 02 Jun 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	Options Exercise	$99,951	+702	+6.9%	$142.38	10,903	12 May 2023	Direct
transaction	KWR	Common Stock	Sale	$141,488	-702	-6.4%	$201.55	10,201	12 May 2023	Direct	F1

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	-702	-17%	$0.000000	3,529	12 May 2023	Common Stock	702	$142.38	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.4839 to $201.86, 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 (1) to this Form 4.
F2	The options for this grant vest in three annual installments: 1,410 shares on March 16, 2023; 1,410 shares on March 16, 2024; and 1,411 shares on March 16, 2025.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.4839 to $201.86, 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 (1) to this Form 4.

The options for this grant vest in three annual installments: 1,410 shares on March 16, 2023; 1,410 shares on March 16, 2024; and 1,411 shares on March 16, 2025.