STEPAN CO — Director's Dealing 2009

Jun 2, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-05-29

Reporting Person: Servatius Gregory (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-29	Common Stock	M	2000	$21.75	Acquired	11368.395	Direct
2009-05-29	Common Stock	S	2000	$42.01	Disposed	9368.395	Direct
2009-06-01	Common Stock	M	3000	$21.75	Acquired	12368.395	Direct
2009-06-01	Common Stock	S	3000	$45.00	Disposed	9368.395	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-29	Employee Stock Option	$21.75	M	2000	Disposed	2010-05-08	Common Stock (2000)	Direct
2009-06-01	Employee Stock Option	$21.75	M	3000	Disposed	2010-05-08	Common Stock (3000)	Direct

Footnotes

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