SEC Form 4 · accession 0001209191-15-044916
QUAKER CHEMICAL CORP · KWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dieter Laininger
Officer — VP & MD - SA & Primary Metals
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 4:17 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 StockF1 | May 18, 2015 | M | 895 | $38.13 | A | 12,471 | D | |
| Common StockF2 | May 18, 2015 | S | 895 | $86.8704 | D | 11,576 | D | |
| Common Stock | May 18, 2015 | M | 710 | $58.26 | A | 12,286 | D | |
| Common StockF3 | May 18, 2015 | S | 710 | $86.7845 | D | 11,576 | D |
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)F4 | $38.13 | May 18, 2015 | M | 895 | D | — | Mar 6, 2019 | Common Stock | 895 | 0 | D |
| Employee Stock Option (right to buy)F5 | $58.26 | May 18, 2015 | M | 710 | D | — | Mar 5, 2020 | Common Stock | 710 | 710 | D |
Explanation of responses
- F1Includes 10 shares acquired by reporting person on March 31, 2015 under the Company's Dividend Reinvestment Plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.3500 to $87.0600, 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 $86.4000 to $87.0000, 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.
- F4The 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.
- F5The options for this grant vest in three annual equal installments: 710 shares on March 5, 2014; 710 shares on March 5, 2015; and 710 shares on March 5, 2016.