SEC Form 4 · accession 0001127602-19-007743
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis Rojo
Officer — VP & Chief Financial Officer
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 4:45 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 | Feb 20, 2019 | A | 75 | $92.29 | A | 75 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $92.29 | Feb 20, 2019 | A | 3,375 | A | Dec 31, 2019 | Feb 19, 2029 | Common Stock | 3,375 | 3,375 | D |
| Stock Appreciation RightF1 | $92.29 | Feb 20, 2019 | A | 10,124 | A | Dec 31, 2019 | Feb 19, 2029 | Common Stock | 10,124 | 10,124 | D |
| Performance SharesF2 | — | Feb 20, 2019 | A | 2,601 | A | — | — | Common Stock | 2,601 | 2,601 | D |
Explanation of responses
- F1Vests ratably over three years beginning on the 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, 2021.