STEPAN CO — Director's Dealing 2010

Apr 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-04-20

Reporting Person: Servatius Gregory (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-20	Common Stock	M	2132.000	$23.675	Acquired	17033.984	Direct
2010-04-20	Common Stock	S	2132.000	$70.00	Disposed	14901.984	Direct
2010-04-21	Common Stock	M	4223.00	$23.675	Acquired	19124.984	Direct
2010-04-21	Common Stock	F	1369.00	$72.99	Disposed	17755.984	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-20	Employee Stock Option	$23.675	M	2132.000	Disposed	2012-02-10	Common Stock (2132.00)	Direct
2010-04-21	Employee Stock Option	$23.675	M	4223.00	Disposed	2012-02-10	Common Stock (4223.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	370190	Indirect

Footnotes

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