QUAKER CHEMICAL CORP — Director's Dealing 2003

Aug 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2003-08-20

Reporting Person: TYLER IRVING H (VP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-20	Common Stock	M	2000	$13.5	Acquired	3311	Direct
2003-08-20	Common Stock	M	1500	$15	Acquired	4811	Direct
2003-08-20	Common Stock	M	1500	$16.5	Acquired	6311	Direct
2003-08-20	Common Stock	M	2000	$14.34	Acquired	8311	Direct
2003-08-20	Common Stock	M	2000	$14.72	Acquired	10311	Direct
2003-08-20	Common Stock	S	300	$24.72	Disposed	10011	Direct
2003-08-20	Common Stock	S	200	$24.5	Disposed	9811	Direct
2003-08-20	Common Stock	S	500	$24.61	Disposed	9311	Direct
2003-08-20	Common Stock	S	500	$24.53	Disposed	8811	Direct
2003-08-20	Common Stock	S	500	$24.6	Disposed	8311	Direct
2003-08-20	Common Stock	S	600	$24.66	Disposed	7711	Direct
2003-08-20	Common Stock	S	900	$24.6	Disposed	6811	Direct
2003-08-20	Common Stock	S	800	$24.6	Disposed	6011	Direct
2003-08-20	Common Stock	S	700	$24.65	Disposed	5311	Direct
2003-08-20	Common Stock	S	500	$24.65	Disposed	4811	Direct
2003-08-20	Common Stock	S	500	$24.8	Disposed	4311	Direct
2003-08-20	Common Stock	S	500	$24.81	Disposed	3811	Direct
2003-08-20	Common Stock	S	500	$24.77	Disposed	3311	Direct
2003-08-20	Common Stock	S	500	$24.84	Disposed	2811	Direct
2003-08-20	Common Stock	S	500	$24.75	Disposed	2311	Direct
2003-08-20	Common Stock	S	500	$24.8	Disposed	1811	Direct
2003-08-20	Common Stock	S	500	$24.95	Disposed	1311	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-20	Stock Option	$13.5	M	2000	Disposed	2006-04-01	Common Stock (2000)	Direct
2003-08-20	Stock Option	$14.34	M	2000	Disposed	2006-03-17	Common Stock (2000)	Direct
2003-08-20	Stock Option	$14.72	M	2000	Disposed	2007-01-18	Common Stock (2000)	Direct
2003-08-20	Stock Option	$15	M	1500	Disposed	2006-10-30	Common Stock (1500)	Direct
2003-08-20	Stock Option	$16.5	M	1500	Disposed	2008-09-16	Common Stock (1500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	980	Indirect

Footnotes

F1: Information based on 6/30/03 Plan statement.