SEC Form 4 · accession 0001209191-16-134341
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
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 6:34 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 | Jul 26, 2016 | M | 4,000 | $58.22 | A | 7,751 | D | |
| Common Stock | Jul 26, 2016 | D | 4,000 | $64.15 | D | 3,751 | D | |
| Common Stock | holding | — | — | — | 3,208 | 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 Appreciation Right | $58.22 | Jul 26, 2016 | M | 4,000 | D | Apr 29, 2016 | Apr 28, 2024 | Common Stock | 4,000 | 996 | D |
Explanation of responses
- F1The Stock Appreciation Rights were settled in cash as per the terms of the award. For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.