SEC Form 4 · accession 0001127602-19-003667

STEPAN CO · SCL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 1, 2019

Accepted (ET)

Feb 4, 2019 · 2:17 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^F1	Feb 1, 2019	M	42,690	—	A	127,750	D
Common Stock	Feb 1, 2019	D	41,622	$87.93	D	85,060	D
Common Stock	Feb 1, 2019	F	448	$87.93	D	127,302	D
Common Stock	holding	—	—		—	102	I	By Esop II Trust
Common Stock	holding	—	—		—	170,269	I	By Spouse
Common Stock	holding	—	—		—	505,222	I	Stepan Venture II Partnership

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Share Units^F4,F1,F5,F6	—	Feb 1, 2019	M	42,690	D	—	—	Common Stock	42,690	305,144	D

F1Share Units converted on a one-for-one basis into Common Stock. The Share Units were 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.
F2Reflects Share Units that were settled in cash pursuant to the terms of the MIP. Pursuant to the terms of the MIP, amounts deferred are distributed to MIP participants in accordance with the terms of the MIP.
F3Reflects shares withheld in connection with settlement of stock-settled share units under the MIP. Pursuant to the terms of the MIP, amounts deferred are distributed to MIP participants in accordance with the terms of the MIP.
F4Share Units were acquired under the MIP.
F5Share Units convert on a one-for-one basis into Common Stock
F6Amounts deferred into Share Units are distributed to the participant in ten installments following the end of employment.