SEC Form 4 · accession 0001127602-18-016391
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis Rojo
Officer — VP & Chief Financial Officer
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000094049
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $70.86 | May 2, 2018 | A | 3,440 | A | May 2, 2019 | May 1, 2028 | Common Stock | 3,440 | 3,440 | D |
| Stock Appreciation RightF2 | $70.86 | May 2, 2018 | A | 10,321 | A | May 2, 2019 | May 1, 2028 | Common Stock | 10,321 | 10,321 | D |
| Performance SharesF3 | — | May 2, 2018 | A | 2,822 | A | — | — | Common Stock | 2,822 | 2,822 | D |
Explanation of responses
- F1Vests ratably over three years beginning on the date shown.
- F2Vests ratably over three years beginning on the date shown.
- F3Each performance share represents a contingent right to receive 1 share of Stepan Company Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2020.