SEC Form 4 · accession 0001209191-16-116930
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur W Mergner
Officer — VP & General Manager
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 2:12 pm EDT
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 | Apr 29, 2016 | M | 4,500 | $18.46 | A | 9,500 | D | |
| Common StockF1 | Apr 29, 2016 | S | 4,500 | $61.181 | D | 5,000 | D | |
| Common StockF2 | holding | — | — | — | 5,951 | 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) | $18.46 | Apr 29, 2016 | M | 4,500 | D | Feb 10, 2011 | Feb 9, 2017 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $60.89 to $61.495. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F2Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings.