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STEPAN CO Director's Dealing 2007

Nov 8, 2007

32175_dirs_2007-11-08_d98d5578-b782-40cd-b746-46b9478421ee.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2007-11-06

Reporting Person: WOOD ROBERT JOHN (VP & GM Polymers)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-06	Common Stock	M	2000	$21.75	Acquired	6912.9778	Direct
2007-11-06	Common Stock	S	200	$34.27	Disposed	6712.9778	Direct
2007-11-06	Common Stock	S	100	$34.22	Disposed	6612.9778	Direct
2007-11-06	Common Stock	S	300	$34.20	Disposed	6312.9778	Direct
2007-11-06	Common Stock	S	400	$34.18	Disposed	5912.9778	Direct
2007-11-06	Common Stock	S	100	$34.17	Disposed	5812.9778	Direct
2007-11-06	Common Stock	S	400	$34.16	Disposed	5412.9778	Direct
2007-11-06	Common Stock	S	300	$34.13	Disposed	5112.9778	Direct
2007-11-06	Common Stock	S	100	$34.25	Disposed	5012.9778	Direct
2007-11-06	Common Stock	S	100	$34.28	Disposed	4912.9778	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-06	Employee Stock Option	$21.75	M	2000	Disposed	2010-05-08	Common Stock (2000)	Direct