STEPAN CO — Director's Dealing 2006

Dec 13, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2006-12-11

Reporting Person: STEPAN F QUINN JR (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-11	Common Stock	G	800	—	Acquired	60570.2262	Direct
2006-12-11	Common Stock	G	800	—	Acquired	7684	Indirect
2006-12-11	Common Stock	G	2400	—	Acquired	30060	Indirect
2006-12-12	Common Stock	G	800	—	Disposed	59770.2262	Direct
2006-12-12	Common Stock	G	800	—	Disposed	6884	Indirect
2006-12-12	Common Stock	G	1600	—	Acquired	9798	Indirect
2006-12-13	Common Stock	G	2130	—	Disposed	29824	Direct
2006-12-13	Common Stock	G	2130	—	Acquired	11928	Indirect