STEPAN CO — Director's Dealing 2009

Nov 25, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-11-23

Reporting Person: PACHOLEC FRANK (Vice President R&D)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-23	Common Stock	M	1000	$25.385	Acquired	16717.8863	Direct
2009-11-23	Common Stock	S	100	$64.70	Disposed	16617.8863	Direct
2009-11-23	Common Stock	S	166	$64.71	Disposed	16451.8863	Direct
2009-11-23	Common Stock	S	234	$64.75	Disposed	16217.8863	Direct
2009-11-23	Common Stock	S	400	$64.83	Disposed	15817.8863	Direct
2009-11-23	Common Stock	S	100	$64.95	Disposed	15717.8863	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-23	Employee Stock Option	$25.385	M	1000	Disposed	2013-04-28	Common Stock (1000)	Direct