SEC Form 4 · accession 0001209191-16-136625
STEPAN CO · SCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C Mason
Officer — Vice President, Supply Chain
Period of report
Aug 9, 2016
Accepted (ET)
Aug 11, 2016 · 5:35 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 | Aug 9, 2016 | M | 6,070 | $37.51 | A | 21,972 | D | |
| Common Stock | Aug 9, 2016 | S | 6,070 | $67.45 | D | 15,902 | D | |
| Common Stock | Aug 9, 2016 | M | 3,242 | $42.765 | A | 19,144 | D | |
| Common Stock | Aug 9, 2016 | D | 3,242 | $67.45 | D | 15,902 | D | |
| Common StockF2 | holding | — | — | — | 888 | 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) | $37.51 | Aug 9, 2016 | M | 6,070 | D | Feb 7, 2013 | Feb 6, 2019 | Common Stock | 6,070 | 0 | D |
| Stock Appreciation Right | $42.765 | Aug 9, 2016 | M | 3,242 | D | Feb 14, 2014 | Feb 13, 2022 | Common Stock | 3,242 | 0 | 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.
- F2Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings.