STEPAN CO — Director's Dealing 2009

Sep 1, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-08-28

Reporting Person: HURLBUTT JAMES E (V.P. & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-28	Common Stock	M	2000.000	$24.940	Acquired	8067.4451	Direct
2009-08-28	Common Stock	S	2000.000	$52.000	Disposed	6067.4451	Direct
2009-08-31	Common Stock	S	100	$54.720	Disposed	5967.4451	Direct
2009-08-31	Common Stock	S	500	$54.540	Disposed	5467.4451	Direct
2009-08-31	Common Stock	S	100	$54.510	Disposed	5367.4451	Direct
2009-08-31	Common Stock	S	873	$54.515	Disposed	4494.4451	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-28	Employee Stock Option	$24.940	M	2000.000	Disposed	2014-02-09	Common Stock (2000.00)	Direct