SEC Form 4 · accession 0001127602-18-010410
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
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 6:10 pm EST
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 StockF1,F2 | Mar 2, 2018 | G | 11,834 | $0.00 | D | 108,608 | D | |
| Common StockF1 | Mar 2, 2018 | M | 10,000 | $37.51 | A | 163,405 | D | |
| Common StockF3 | Mar 2, 2018 | S | 10,000 | $79.814 | D | 153,405 | D | |
| Common StockF2 | Mar 6, 2018 | G | 1,936 | $0.00 | D | 106,672 | D | |
| Common Stock | Mar 5, 2018 | M | 10,000 | $37.51 | A | 163,405 | D | |
| Common StockF4 | Mar 5, 2018 | S | 5,000 | $80.952 | D | 158,405 | D | |
| Common StockF5 | Mar 5, 2018 | S | 4,472 | $81.814 | D | 153,933 | D | |
| Common StockF6 | Mar 5, 2018 | S | 528 | $82.705 | D | 153,405 | D | |
| Common Stock | Mar 6, 2018 | M | 10,000 | $37.51 | A | 163,405 | D | |
| Common StockF7 | Mar 6, 2018 | S | 10,000 | $82.689 | D | 153,405 | D | |
| Common Stock | Mar 6, 2018 | M | 5,766 | $37.51 | A | 159,171 | D | |
| Common StockF8 | Mar 6, 2018 | S | 5,766 | $83.784 | D | 153,405 | D | |
| Common Stock | holding | — | — | — | 11,066 | I | By Esop II Trust | |
| Common StockF9 | holding | — | — | — | 160,000 | I | By Family LLC | |
| Common StockF9 | holding | — | — | — | 48,000 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 54,978 | I | By Family Trust III | |
| Common StockF9 | holding | — | — | — | 40,000 | I | By Family Trust IV | |
| Common StockF1 | holding | — | — | — | 0 | I | By Spouse | |
| Common Stock | holding | — | — | — | 401,210 | I | Member Of Plan Committee Of Stepan Company |
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) | $37.51 | Mar 2, 2018 | M | 10,000 | D | Feb 7, 2013 | Feb 6, 2019 | Common Stock | 10,000 | 25,766 | D |
| Employee Stock Option (Right to Buy) | $37.51 | Mar 5, 2018 | M | 10,000 | D | Feb 7, 2013 | Feb 6, 2019 | Common Stock | 10,000 | 15,766 | D |
| Employee Stock Option (Right to Buy) | $37.51 | Mar 6, 2018 | M | 15,766 | D | Feb 7, 2013 | Feb 6, 2019 | Common Stock | 15,766 | 0 | D |
Explanation of responses
- F1Prior to the gift transfer, the reporting person and his spouse transferred 15,074 shares of Common Stock and 945 shares of Common Stock, respectively, from their individual accounts into their Joint Tenancy account.
- F2Joint Tenancy with Spouse.
- F3The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $79.62 to $80.06, 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.
- F4The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $80.47 to $81.08, 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.
- F5The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $81.50 to $82.37, 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.
- F6The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $82.55 to $82.735, 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.
- F7The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $82.29 to $83.25, 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.
- F8The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $83.39 to $84.108, 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.
- F9The 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.