AI assistant
STEPAN CO — Director's Dealing 2009
Feb 20, 2009
32175_dirs_2009-02-20_88f3e819-9107-4aba-bcf1-bdfbb820be7b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-02-18
Reporting Person: ZOGLIO ANTHONY J (Vice President - Supply Chain)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-02-18 | Common Stock | J | 8.8902 | — | Acquired | 9618.0668 | Direct |
| 2009-02-18 | Common Stock | M | 3500 | — | Acquired | 13118.0668 | Direct |
| 2009-02-18 | Common Stock | A | 2450 | — | Acquired | 15568.0668 | Direct |
| 2009-02-18 | Common Stock | F | 1753 | — | Disposed | 13815.0668 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-02-18 | Performance Shares | $ | M | 3500 | Disposed | Common Stock (3500) | Direct |
Footnotes
F1: Number of common stock shares acquired with dividend purchase to reporting person's account on February 18, 2009, under the Employee Stock Ownership Plan (ESOP) established by Stepan Company.
F2: Amount reported reflects vesting of 3,500 performance shares on Table II. Upon vesting, total shares delivered to Reporting Person also includes an additional 2,450 shares due to achievement of certain financial targets by December 31, 2008. Also, 1,753 shares were disposed of for taxes as allowed under the plan.
F3: The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2008.