STEPAN CO — Director's Dealing 2009

Dec 22, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-12-18

Reporting Person: WOOD ROBERT JOHN (V.P. & General Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-18	Common Stock	M	1114	$24.94	Acquired	8446.2924	Direct
2009-12-18	Common Stock	S	1114	$66.99	Disposed	7332.2924	Direct
2009-12-21	Common Stock	M	886	$24.94	Acquired	8218.2924	Direct
2009-12-21	Common Stock	S	886	$66.99	Disposed	7332.2924	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-18	Employee Stock Option	$24.94	M	1114	Disposed	2014-02-09	Common Stock (1114)	Direct
2009-12-21	Employee Stock Option	$24.94	M	886	Disposed	2014-02-09	Common Stock (886)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	600	Indirect

Footnotes

F1: Transaction completed pursuant to a 10b5-1 trading plan.