QUAKER CHEMICAL CORP — Director's Dealing 2012

May 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2012-05-09

Reporting Person: FEATHERSTONE MARK A (VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-09	Common Stock	M	3069	$19.45	Acquired	18704	Direct
2012-05-09	Common Stock	S	3069	$45.00	Disposed	15635	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-09	Employee Stock Option (right to buy)	$19.45	M	3069	Disposed	2015-01-29	Common Stock (3069)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21603	Indirect

Footnotes

F1: The sale of shares reported for this transaction were effected pursuant to a Rule 10b5-1 sales plan entered into by reporting person on March 12, 2012.

F2: The options under this grant vested in three annual installments: 3,068 on January 29, 2009; 3,068 on January 29, 2010 and 3,069 on January 29, 2011.