STEPAN CO — Director's Dealing 2010

Apr 1, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-03-31

Reporting Person: VENEGONI JOHN V (VP/GM Surfactants)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-31	Common Stock	M	1191	$26.25	Acquired	25419.9648	Direct
2010-03-31	Common Stock	S	1191	$56.49	Disposed	24228.9648	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-31	Employee Stock Option	$26.25	M	1191	Disposed	2016-02-13	Common Stock (1191)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect

Footnotes

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