SEC Form 4 · accession 0001127602-17-016667
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Quinn Stepan Jr.
Officer — Chairman, President & CEO · Director
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 6:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000094049
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 1, 2017 | M | 4,348 | $25.605 | A | 145,919 | D | |
| Common StockF1 | May 1, 2017 | S | 4,348 | $85.592 | D | 141,571 | D | |
| Common Stock | May 2, 2017 | M | 236 | $25.605 | A | 141,807 | D | |
| Common Stock | May 2, 2017 | S | 236 | $85.50 | D | 141,571 | D | |
| Common Stock | May 3, 2017 | M | 9,764 | $25.605 | A | 151,335 | D | |
| Common StockF2 | May 3, 2017 | S | 9,764 | $85.378 | D | 141,571 | D | |
| Common StockF3 | holding | — | — | — | 104,423 | D | ||
| Common Stock | holding | — | — | — | 10,872 | I | By Esop II Trust | |
| Common StockF4 | holding | — | — | — | 160,000 | I | By Family LLC | |
| Common StockF4 | holding | — | — | — | 48,000 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 54,978 | I | By Family Trust III | |
| Common StockF4 | holding | — | — | — | 40,000 | I | By Family Trust IV | |
| Common Stock | holding | — | — | — | 768 | I | By Spouse |
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) | $25.605 | May 1, 2017 | M | 4,348 | D | Feb 9, 2012 | Feb 8, 2018 | Common Stock | 4,348 | 40,000 | D |
| Employee Stock Option (Right to Buy) | $25.605 | May 2, 2017 | M | 236 | D | Feb 9, 2012 | Feb 8, 2018 | Common Stock | 236 | 39,764 | D |
| Employee Stock Option (Right to Buy) | $25.605 | May 3, 2017 | M | 9,764 | D | Feb 9, 2012 | Feb 8, 2018 | Common Stock | 9,764 | 30,000 | D |
Explanation of responses
- F1The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $85.45 to $85.71, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
- F2The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $85.15 to $85.79, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
- F3Joint Tenancy with Spouse.
- F4The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.