SEC Form 4 · accession 0001127602-17-021787
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
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 5:22 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 | Jun 15, 2017 | A | 293 | $88.30 | A | 141,864 | D | |
| Common StockF1 | holding | — | — | — | 104,423 | D | ||
| Common StockF2 | holding | — | — | — | 10,898 | I | By Esop II Trust | |
| Common StockF3 | holding | — | — | — | 160,000 | I | By Family LLC | |
| Common StockF3 | holding | — | — | — | 48,000 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 54,978 | I | By Family Trust III | |
| Common StockF3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share UnitsF4,F7,F5,F6 | — | Jun 15, 2017 | A | 228 | A | — | — | Common Stock | 228 | 98,255 | D |
Explanation of responses
- F1Joint Tenancy with Spouse.
- F2Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings.
- F3The 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.
- F4Share Units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.
- F5Share Units convert on a one-for-one basis into Common Stock.
- F6Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
- F7Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.