QUAKER CHEMICAL CORP — Director's Dealing 2017

Nov 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2017-11-01

Reporting Person: STEEPLES ADRIAN (VP & Managing Director - A/P)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-01	Common Stock	M	2209	$73.47	Acquired	6193	Direct
2017-11-01	Common Stock	S	87	$157.135	Disposed	6106	Direct
2017-11-01	Common Stock	S	2122	$154.7759	Disposed	3984	Direct
2017-11-01	Common Stock	M	1489	$87.30	Acquired	5473	Direct
2017-11-01	Common Stock	S	275	$156.9164	Disposed	5198	Direct
2017-11-01	Common Stock	S	1214	$155.5382	Disposed	3984	Direct
2017-11-01	Common Stock	M	1213	$72.12	Acquired	5197	Direct
2017-11-01	Common Stock	S	1213	$157.135	Disposed	3984	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-01	Employee Stock Option (right to buy)	$73.47	M	2209	Disposed	2021-02-27	Common Stock (2209)	Direct
2017-11-01	Employee Stock Option (right to buy)	$87.30	M	1489	Disposed	2022-02-25	Common Stock (1489)	Direct
2017-11-01	Employee Stock Option (right to buy)	$72.12	M	1213	Disposed	2023-02-23	Common Stock (1213)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.43 to $155.38, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation ("Quaker"), any security holder of Quaker, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.785 to $157.10, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation ("Quaker"), any security holder of Quaker, 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 (2) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.38 to $155.77, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation ("Quaker"), any security holder of Quaker, 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.

F4: The options for this grant vested in three annual installments: 737 shares on February 27, 2015; 736 shares on February 27, 2016; and 736 shares on February 27, 2017.

F5: The options for this grant vest in three annual installments: 745 shares on February 25, 2016; 744 shares on February 25, 2017; and 744 shares on February 25, 2018.

F6: The options for this grant vest in three annual installments: 1,213 shares on February 23, 2017; 1,213 shares on February 23, 2018; and 1,213 shares on February 23, 2019.