QUAKER CHEMICAL CORP — Director's Dealing 2016

May 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2016-05-05

Reporting Person: ETTINGER RONALD S (VP - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-05	Common Stock	M	710	$58.26	Acquired	4367	Direct
2016-05-05	Common Stock	M	737	$73.47	Acquired	5104	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-05	Employee Stock Option (right to buy)	$58.26	M	710	Disposed	2020-03-05	Common Stock (710)	Direct
2016-05-05	Employee Stock Option (right to buy)	$73.47	M	737	Disposed	2021-02-27	Common Stock (737)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5098	Indirect

Footnotes

F1: Includes 1 share acquired in Company's Dividend Reinvestment Plan on April 29, 2016.

F2: Includes 16 shares acquired by reporting person under the Company's Employee Stock Purchase Plan between March 31, 2016 and April 29, 2016.

F3: Information based on reporting person's Plan Statement as of March 31, 2016.

F4: The options under this grant vested in three annual installments: 710 shares on March 5, 2014; 710 shares on March 5, 2015; and 710 shares on March 5, 2016.

F5: The options under this grant vest in three annual installments: 737 shares on February 27, 2015; 736 shares on February 27, 2016; and 736 shares on February 27, 2017.