QUAKER CHEMICAL CORP — Director's Dealing 2017

May 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2017-05-22

Reporting Person: BENOLIEL D JEFFRY (VP - MW, Can and Mining)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-16	Common Stock	G	50	$0.00	Acquired	10600	Indirect
2017-03-16	Common Stock	G	50	$0.00	Acquired	10600	Indirect
2017-04-05	Common Stock	G	75	$0.00	Disposed	26114	Direct
2017-04-07	Common Stock	G	300	$0.00	Disposed	25814	Direct
2017-04-10	Common Stock	G	185	$0.00	Disposed	25629	Direct
2017-05-22	Common Stock	S	3000	$137.6904	Disposed	22629	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10550	Indirect
Common Stock	10000	Indirect
Common Stock	9732	Indirect
Common Stock	17020	Indirect
Common Stock	19730	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.48 to $137.95, 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: Information based on reporting person's Plan Statement as of March 31, 2017.