STEPAN CO — Director's Dealing 2008

Apr 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2008-04-01

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-01	Management Incentive Plan	$	J	4049.409	Disposed	1988-08-08	Common Stock (4049.409)	Direct

Footnotes

F1: On April 1, 2008, an intra-plan transfer of 4,049.409 shares was made in the Stepan Company Management Incentive Plan, a 16b-3 plan approved by shareholders ("Plan"), pursuant to provisions of the Plan.