STEPAN CO — Director's Dealing 2009

Feb 12, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2009-02-10

Reporting Person: Servatius Gregory (VP of Human Resources)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-10	Employee Stock Option	$36.92	A	4700	Acquired	2017-02-09	Common Stock (4700)	Direct
2009-02-10	Performance Shares	$	A	1250	Acquired		Common Stock (1250)	Direct

Footnotes

F1: Each performance share represents a contingent right to receive 1 share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2011.