STEPAN CO — Director's Dealing 2009

Nov 23, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-11-20

Reporting Person: Wynn H Edward (VP, Gen'l Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-20	Common Stock	M	300	$31.70	Acquired	2270.422	Direct
2009-11-20	Common Stock	S	300	$63.288	Disposed	1970.422	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-20	Employee Stock Option	$31.70	M	300	Disposed	2015-02-12	Common Stock (300)	Direct