SEC Form 4 · accession 0001127602-18-023847
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Anne Catlett
Officer — VP, CHRO
Period of report
Jul 23, 2018
Accepted (ET)
Jul 25, 2018 · 5:04 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 | Jul 23, 2018 | A | 1,470 | $81.63 | A | 2,970 | D |
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 | $81.63 | Jul 23, 2018 | A | 629 | A | Jul 23, 2019 | Jul 22, 2028 | Common Stock | 629 | 629 | D |
| Stock Appreciation RightF1 | $81.63 | Jul 23, 2018 | A | 1,886 | A | Jul 23, 2019 | Jul 22, 2028 | Common Stock | 1,886 | 1,886 | D |
| Performance SharesF2 | — | Jul 23, 2018 | A | 515 | A | — | — | Common Stock | 515 | 515 | D |
Explanation of responses
- F1Vests ratably over three years beginning on date shown
- F2Each 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.