SEC Form 4 · accession 0001209191-15-046672
QUAKER CHEMICAL CORP · KWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jan Nieman
Officer — VP/G Leader-Grease, FP, Mining
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 4:21 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 | May 21, 2015 | M | 895 | $38.13 | A | 18,159 | D | |
| Common StockF1 | May 21, 2015 | S | 895 | $86.5324 | D | 17,264 | D | |
| Common Stock | May 21, 2015 | M | 710 | $58.26 | A | 17,974 | D | |
| Common StockF2 | May 21, 2015 | S | 710 | $86.58 | D | 17,264 | D | |
| Common StockF3 | holding | — | — | — | 391 | 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)F4 | $38.13 | May 21, 2015 | M | 895 | D | — | Mar 6, 2019 | Common Stock | 895 | 0 | D |
| Employee Stock Option (right to buy)F5 | $58.26 | May 21, 2015 | M | 710 | D | — | Mar 5, 2020 | Common Stock | 710 | 710 | 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 $86.50 to $86.60, 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 $86.50 to $86.65, 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.
- F3Information based on reporting person's Plan statement as of March 31, 2015.
- F4The options under this grant vested in three annual installments: 896 options on March 6, 2013; 896 options on March 6, 2014; and 895 options on March 6, 2015.
- F5The options under this grant vest in three equal annual installments of 710 shares commencing on March 5, 2014.