STEPAN CO — Director's Dealing 2010

Dec 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-12-15

Reporting Person: STEPAN F QUINN JR (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-15	Common Stock	A	72.809	$74.73	Acquired	39744.7246	Direct
2010-12-16	Common Stock	G	347	—	Acquired	40091.7246	Direct
2010-12-16	Common Stock	G	347	—	Disposed	39744.7246	Direct
2010-12-16	Common Stock	G	347	—	Acquired	4096	Indirect
2010-12-16	Common Stock	G	347	—	Disposed	3749	Indirect
2010-12-16	Common Stock	G	1041	—	Acquired	37488	Indirect
2010-12-16	Common Stock	G	694	—	Acquired	16486	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	55712	Direct
Common Stock	21312	Indirect
Common Stock	30257	Indirect
Common Stock	1200	Indirect
Common Stock	370190	Indirect

Footnotes

F1: Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan.

F2: Joint Tenancy with Spouse

F3: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.