Bijlani Jeewat 4
4 · QUAKER CHEMICAL CORP · Filed Dec 17, 2024
Insider Transaction Report
Form 4
Bijlani Jeewat
EVP, Chief Strategy Officer
Transactions
- Award
Restricted Stock Units
2024-12-15+4,255→ 4,255 total→ Common Stock (4,255 underlying)
Footnotes (2)
- [F1]Time-based restricted stock units subject to a performance modifier, based on the Company's relative Total Shareholder Return compared to the S&P 1500 Index, granted under the Company's 2024 Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.
- [F2]The restricted stock units vest on the third anniversary of the grant date. The target number of restricted stock units will be adjusted from 75% to 125% of the target number of restricted stock units depending on the achievement of the relative TSR performance criteria measured at the end of the three-year performance period from December 15, 2024 through December 15, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.