SEC Form 4 · accession 0001127602-18-027855
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean Thomas Moriarty
Officer — VP & GM Polymers
Period of report
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 3:47 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share UnitsF1,F4,F2,F3 | — | Sep 14, 2018 | A | 13 | A | — | — | Common Stock | 13 | 5,288 | D |
Explanation of responses
- F1Share Units 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.
- F2Share Units convert on a one-for-one basis into Common Stock.
- F3Share Units owned by the reporting persons election under the MIP are generally payable at end of employment, unless otherwise elected
- F4Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.