SEC Form 4 · accession 0001209191-15-024587

QUAKER CHEMICAL CORP · KWR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Joseph A Berquist

Officer — VP & Managing Director - NA

Period of report

Mar 6, 2015

Accepted (ET)

Mar 10, 2015 · 4:25 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000081362

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 6, 2015	M	895	$38.13	A	13,926	D
Common Stock^F1	Mar 6, 2015	S	364	$81.0633	D	13,562	D
Common Stock	Mar 6, 2015	S	531	$82.00	D	13,031	D
Common Stock	Mar 6, 2015	M	710	$58.26	A	13,741	D
Common Stock^F2	Mar 6, 2015	S	710	$80.8004	D	13,031	D
Common Stock	Mar 6, 2015	M	737	$73.47	A	13,768	D
Common Stock^F3	Mar 6, 2015	S	678	$80.3781	D	13,090	D
Common Stock^F4	Mar 6, 2015	S	59	$81.0647	D	13,031	D
Common Stock^F5	Mar 6, 2015	F	368	$80.24	D	12,663	D
Common Stock	holding	—	—		—	2,446	I	By 401(k)

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F6	$38.13	Mar 6, 2015	M	895	D	Mar 6, 2015	Mar 6, 2019	Common Stock	895	0	D
Employee Stock Option (right to buy)^F7	$58.26	Mar 6, 2015	M	710	D	Mar 5, 2015	Mar 5, 2020	Common Stock	710	710	D
Employee Stock Option (right to buy)^F8	$73.47	Mar 6, 2015	M	737	D	Feb 27, 2015	Feb 27, 2021	Common Stock	737	1,472	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.75 to $81.1750 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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.36 to $81.1300 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.01 to $80.98, 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 range set forth in footnote (3) to this Form 4.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.02 to $81.09, 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 range set forth in footnote (4) to this Form 4.
F5Shares surrendered by reporting person to satisfy withholding tax obligation upon vesting of restricted stock granted on March 6, 2012 under the Company's Long-Term Performance Incentive Plan.
F6The options for this grant vested in three annual installments: 896 shares on March 6, 2013; 896 shares on March 6, 2014; and 895 shares on March 6, 2015.
F7The options for this grant vest in three annual installments: 710 shares on March 5, 2014; 710 shares on March 5, 2015; and 710 shares on March 6, 2016.
F8The options for this grant vest in three annual installments: 737 options on February 27, 2015; 736 options on February 27, 2016; and 736 options on February 27, 2017.