STEPAN CO — Director's Dealing 2010

Apr 27, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-04-23

Reporting Person: GROJEAN THOMAS F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-23	Common Stock	M	1793	$21.75	Acquired	11926.45	Direct
2010-04-23	Common Stock	S	1793	$74.65	Disposed	10133.45	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-23	Stock Option	$21.75	M	1793	Disposed	2010-05-08	Common Stock (1793)	Direct