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STEPAN CO Director's Dealing 2010

Feb 11, 2010

32175_dirs_2010-02-11_95b34b19-6283-42eb-8941-f595fec7cfae.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2010-02-09

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-09 Employee Stock Option $51.21 A 27174 Acquired 2018-02-08 Common Stock (27174) Direct
2010-02-09 Performance Shares $ A 5858 Acquired Common Stock (5858) Direct
2010-02-09 Restricted Stock Awards $ A 5858 Acquired Common Stock (5858) Direct

Footnotes

F1: Each performance share represents a contingent right to receive 1 share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2012.

F2: Each restricted stock award represents a contingent right to receive 1 share of Stepan Company Common Stock. The restricted stock awards vest in five years and will therefore be delivered to the reporting person on February 9, 2015, provided that the reporting person is an employee of Stepan Company on February 9, 2015.