SEC Form 4 · accession 0001209191-15-015969
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott R. Behrens
Officer — VP/GM Surfactants
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 3:28 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $41.16 | Feb 17, 2015 | A | 3,851 | A | Feb 17, 2017 | Feb 16, 2025 | Common Stock | 3,851 | 3,851 | D |
| Performance SharesF1 | — | Feb 17, 2015 | A | 3,887 | A | — | — | Common Stock | 3,887 | 3,887 | D |
| Stock Appreciation Right | $41.16 | Feb 17, 2015 | A | 11,553 | A | Feb 17, 2017 | Feb 16, 2025 | Common Stock | 11,553 | 11,553 | D |
Explanation of responses
- F1Each 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, 2017.