QUAKER CHEMICAL CORP — Director's Dealing 2021

Mar 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUAKER CHEMICAL CORP (KWR)
CIK: 0000081362
Period of Report: 2021-03-04

Reporting Person: Slinkman David (SVP - Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-04	Common Stock	M	2014	$154.92	Acquired	5667	Direct
2021-03-04	Common Stock	S	846	$260.02	Disposed	4821	Direct
2021-03-04	Common Stock	S	263	$262.72	Disposed	4558	Direct
2021-03-04	Common Stock	S	79	$263.88	Disposed	4479	Direct
2021-03-04	Common Stock	S	83	$265.01	Disposed	4396	Direct
2021-03-04	Common Stock	S	156	$266.20	Disposed	4240	Direct
2021-03-04	Common Stock	S	83	$268.49	Disposed	4157	Direct
2021-03-04	Common Stock	S	100	$270.07	Disposed	4057	Direct
2021-03-04	Common Stock	S	224	$272.19	Disposed	3833	Direct
2021-03-04	Common Stock	S	180	$272.93	Disposed	3653	Direct
2021-03-05	Common Stock	M	1565	$154.92	Acquired	5218	Direct
2021-03-05	Common Stock	S	1034	$261.81	Disposed	4184	Direct
2021-03-05	Common Stock	S	531	$262.63	Disposed	3653	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-04	Employee Stock Option (right to buy)	$154.92	M	1369	Disposed	2025-02-26	Common Stock (1369)	Direct
2020-03-04	Employee Stock Option (right to buy)	$154.92	M	645	Disposed	2026-02-25	Common Stock (645)	Direct
2020-03-05	Employee Stock Option (right to buy)	$154.92	M	736	Disposed	2025-02-26	Common Stock (736)	Direct
2020-03-05	Employee Stock Option (right to buy)	$154.92	M	829	Disposed	2026-02-25	Common Stock (829)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7	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 $260.00 to $260.22, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 $262.34 to $263.07, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 $265.01 to $265.04, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $266.02 to $266.40, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 (4) to this Form 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.48 to $268.61, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 (5) to this Form 4.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.64 to $272.45, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 (6) to this Form 4.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.82 to $273.07, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 (7) to this Form 4.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.36 to $262.30, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 (8) to this Form 4.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.37 to $263.18, inclusive. The reporting person undertakes to provide to Quaker Chemical Corporation, d/b/a "Quaker Houghton", any security holder of Quaker Houghton, 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 (9) to this Form 4.

F10: The options for this grant vested in three annual installments: 702 shares on August 15, 2019; 702 shares on February 26, 2020; and 701 shares on February 26, 2021.

F11: The options for this grant vest in three annual installments: 737 shares on February 25, 2020; 737 shares on February 25, 2021; and 736 shares on February 25, 2022.