Melissa Leneis - 05 Jul 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
05 Jul 2023
Net transactions value
-$1,371,921
Form type
4
Filing time
07 Jul 2023, 16:26:27 UTC
Previous filing
02 Jun 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Tax liability $502,426 -2,578 -25% $194.89 7,623 05 Jul 2023 Direct F1
transaction KWR Common Stock Sale $869,494 -4,445 -58% $195.61 3,178 07 Jul 2023 Direct F2, F3
* 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 vesting of restricted stock granted on July 5, 2022 under the Company's 2016 Long-Term Performance Incentive Plan.
F2 The sale of shares reported for this transaction was effected pursuant to a Rule 10b5-1 Plan entered into by reporting person on November 22, 2022.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.38 to $195.80, 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.