STEPAN CO — Director's Dealing 2008

Jun 19, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2008-06-17

Reporting Person: ZOGLIO ANTHONY J (Vice President - Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-17	Common Stock	M	697	$21.75	Acquired	10439.6001	Direct
2008-06-17	Common Stock	S	697	$43.75	Disposed	9742.6001	Direct
2008-06-17	Common Stock	M	4223	$23.675	Acquired	13965.6001	Direct
2008-06-17	Common Stock	S	4223	$43.75	Disposed	9742.6001	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-17	Employee Stock Option	$21.75	M	697	Disposed	2010-05-08	Common Stock (697)	Direct
2008-06-17	Employee Stock Option	$23.675	M	4223	Disposed	2012-02-10	Common Stock (4223)	Direct

Footnotes

F1: Transaction completed pursuant to a 105b-1 trading plan.