SEC Form 4 · accession 0001127602-19-007740

STEPAN CO · SCL

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

Reporting owner

Officer — Vice President, Strategy

Period of report

Feb 20, 2019

Accepted (ET)

Feb 22, 2019 · 4:44 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 20, 2019	M	3,371	—	A	39,843	D
Common Stock	Feb 20, 2019	A	82	$92.29	A	2,276	I	By Esop II Trust
Common Stock	holding	—	—		—	0	I	By Self As Custodian For Daughter

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F2	$92.29	Feb 20, 2019	A	1,687	A	Dec 31, 2019	Feb 19, 2029	Common Stock	1,687	1,687	D
Stock Appreciation Right^F2	$92.29	Feb 20, 2019	A	5,062	A	Dec 31, 2019	Feb 19, 2029	Common Stock	5,062	5,062	D
Performance Shares^F3	—	Feb 20, 2019	A	1,300	A	—	—	Common Stock	1,300	1,300	D
Performance Shares^F1,F4	—	Feb 20, 2019	M	1,824	D	—	—	Common Stock	1,824	0	D

F1The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2018.
F2Vests ratably over three years beginning on the date shown.
F3Each performance share represents a contingent right to receive 1 share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2021.
F4Each performance share represents a contingent right to receive 1 share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2018.