SEC Form 4 · accession 0001209191-18-032600

QUAKER CHEMICAL CORP · KWR

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

Reporting owner

D Jeffry Benoliel

Officer — VP - MW, Can and Mining

Period of report

May 21, 2018

Accepted (ET)

May 23, 2018 · 4:26 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	Apr 13, 2018	G	750	$0.00	D	11,671	D
Common Stock	Apr 18, 2018	G	20	$0.00	A	10,620	I	Custodial Account for Son DJ
Common Stock	Apr 18, 2018	G	20	$0.00	A	10,620	I	Custodial Account for Daughter
Common Stock	May 7, 2018	G	140	$0.00	D	11,531	D
Common Stock	May 21, 2018	M	1,472	$73.47	A	13,003	D
Common Stock^F1	May 21, 2018	S	1,472	$157.0075	D	11,531	D
Common Stock	May 21, 2018	M	1,488	$87.30	A	13,019	D
Common Stock^F2	May 21, 2018	S	1,488	$157.0117	D	11,531	D
Common Stock	May 21, 2018	M	2,426	$72.12	A	13,957	D
Common Stock^F3	May 21, 2018	S	2,426	$157.0042	D	11,531	D
Common Stock	May 21, 2018	M	730	$134.60	A	12,261	D
Common Stock	May 21, 2018	S	730	$157.00	D	11,531	D
Common Stock	holding	—	—		—	10,600	I	Custodial Account for Son PA
Common Stock	holding	—	—		—	10,000	I	By DJB 2012 Irrevocable Trust
Common Stock	holding	—	—		—	9,732	I	By AMB 2012 Irrevocable Trust
Common Stock	holding	—	—		—	17,020	I	By Partnership
Common Stock^F4	holding	—	—		—	10,451	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)^F5	$73.47	May 21, 2018	M	1,472	D	—	Feb 27, 2021	Common Stock	1,472	0	D
Employee Stock Option (right to buy)^F6	$87.30	May 21, 2018	M	1,488	D	—	Feb 25, 2022	Common Stock	1,488	0	D
Employee Stock Option (right to buy)^F7	$72.12	May 21, 2018	M	2,426	D	—	Feb 23, 2023	Common Stock	2,426	1,213	D
Employee Stock Option (right to buy)^F8	$134.60	May 21, 2018	M	730	D	—	Feb 27, 2024	Common Stock	730	1,458	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 $157.00 to $157.0950, 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 $157.00 to $157.0650, 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 $157.00 to $157.0550, 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.
F4Information based on reporting person's Plan Statement as of March 31, 2018.
F5The options for this grant vested in three annual installments: 737 shares on February 27, 2015; 736 shares on February 27, 2016; and 736 shares on February 27, 2017.
F6The options for this grant vested in three annual installments: 745 shares on February 25, 2016; 744 shares on February 25, 2017; and 744 shares on February 25, 2018.
F7The options for this grant vest in three annual installments: 1,213 shares on February 23, 2017; 1,213 shares on February 23, 2018; and 1,213 shares on February 23, 2019.
F8The options for this grant vest in three annual installments: 730 shares on February 27, 2018; 729 shares on February 27, 2019; and 729 shares on February 27, 2020.