SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Matrange Joseph F (Last) (First) (Middle) AC PRODUCTS, INC. 13240 BARTON CIRCLE (Street) WHITTIER CA 90605-3254 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol QUAKER CHEMICAL CORP [ KWR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP - Global Coatings
	3. Date of Earliest Transaction (Month/Day/Year) 10/31/2014
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/31/2014		M		1,228	A	$37.37	5,953(1)	D
Common Stock	10/31/2014		F		810	D	$82.08	5,143	D
Common Stock	10/31/2014		M		551	A	$38.13	5,694	D
Common Stock	10/31/2014		F		365	D	$82.08	5,329	D
Common Stock	10/31/2014		S		1,000	D	$81.54	6,103(2)	I	By living trust
Common Stock								355(3)	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$37.37	10/31/2014		M			1,228	(4)	03/01/2018	Common Stock	1,229	$0.00	0	D
Employee Stock Option (right to buy)	$38.13	10/31/2014		M			551	(5)	03/06/2019	Common Stock	551	$0.00	1,103	D

Explanation of Responses:

1. Includes 35 shares acquired by reporting person in Company's Dividend Reinvestment Plan from April 30, 2014 thru October 31, 2014.

2. Includes 1 share acquired by reporting person in Company's Dividend Reinvestment Plan from April 30, 2014 thru October 31, 2014.

3. Information based on reporting person's Plan Statement dated September 30, 2014.

4. The options for this grant vested in three equal annual installments: 614 on March 1, 2012; 614 on March 1, 2013; and 615 on March 1, 2014.

5. The options for this grant vest in three annual installments: 552 on March 6, 2013; 551 on March 6, 2014; and 551 on March 6, 2015.

	Irene M. Kisleiko, Attorney-in-Fact for Joseph F. Matrange	11/04/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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