STEPAN CO — Director's Dealing 2010

Dec 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-12-21

Reporting Person: WOOD ROBERT JOHN (V.P. & General Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-21	Common Stock	M	800	$31.70	Acquired	13142.6894	Direct
2010-12-21	Common Stock	S	800	$76.99	Disposed	12342.6894	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-21	Employee Stock Option (Right to Buy)	$31.70	M	800	Disposed	2015-02-12	Common Stock (800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	550	Indirect

Footnotes

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