SEC Form 4 · accession 0001127602-18-034823
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Victor Slone
Officer — VP Chief Tech & Sustainability
Period of report
Nov 29, 2018
Accepted (ET)
Nov 30, 2018 · 2:53 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 Stock | Nov 29, 2018 | M | 1,377 | $57.79 | A | 4,619 | D | |
| Common Stock | Nov 29, 2018 | M | 1,204 | $41.16 | A | 5,823 | D | |
| Common Stock | Nov 29, 2018 | M | 1,277 | $43.85 | A | 7,100 | D | |
| Common Stock | Nov 29, 2018 | M | 607 | $62.41 | A | 7,707 | D | |
| Common Stock | Nov 29, 2018 | M | 464 | $78.58 | A | 8,171 | D | |
| Common StockF1 | Nov 29, 2018 | S | 3,741 | $80.319 | D | 4,430 | D | |
| Common Stock | Nov 29, 2018 | M | 3,611 | $41.16 | A | 8,041 | D | |
| Common Stock | Nov 29, 2018 | D | 1,854 | $80.19 | D | 6,187 | D | |
| Common Stock | Nov 29, 2018 | F | 515 | $80.19 | D | 5,672 | D | |
| Common Stock | holding | — | — | — | 463 | I | By Esop II Trust |
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) | $57.79 | Nov 29, 2018 | M | 1,377 | D | Nov 4, 2015 | Nov 3, 2023 | Common Stock | 1,377 | 0 | D |
| Employee Stock Option (Right to Buy) | $41.16 | Nov 29, 2018 | M | 1,204 | D | Feb 17, 2017 | Feb 16, 2025 | Common Stock | 1,204 | 0 | D |
| Employee Stock Option (Right to Buy) | $43.85 | Nov 29, 2018 | M | 1,277 | D | Feb 23, 2018 | Feb 22, 2026 | Common Stock | 1,277 | 0 | D |
| Employee Stock Option (Right to Buy) | $62.41 | Nov 29, 2018 | M | 607 | D | Jul 19, 2018 | Jul 18, 2026 | Common Stock | 607 | 0 | D |
| Stock Option (Right to Buy) | $78.58 | Nov 29, 2018 | M | 464 | D | Feb 21, 2018 | Feb 20, 2027 | Common Stock | 464 | 929 | D |
| Stock Appreciation Right | $41.16 | Nov 29, 2018 | M | 3,611 | D | Feb 17, 2017 | Feb 16, 2025 | Common Stock | 3,611 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $80.20 to $80.48, 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.
- F2The Stock Appreciation Rights ("SARs") were settled in shares of common stock as per the terms of the award.
- F3Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.
- F4Withholding of shares to satisfy tax liability on exercise of SARs.