STEPAN CO — Director's Dealing 2011

Nov 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2011-11-21

Reporting Person: PACHOLEC FRANK (Vice President R&D)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-21	Common Stock	M	509	$24.94	Acquired	24207.295	Direct
2011-11-21	Common Stock	S	300	$76.82	Disposed	23907.295	Direct
2011-11-21	Common Stock	S	9	$77.19	Disposed	23898.295	Direct
2011-11-21	Common Stock	S	200	$77.28	Disposed	23698.295	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-21	Employee Stock Option (Right to Buy)	$24.94	M	509	Disposed	2014-02-09	Common Stock (509)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	581.937	Indirect

Footnotes

F1: Since the date of the Reporting Person's last ownership report, the Reporting Person has acquired 3.933 shares pursuant to a dividend reinvestment feature of ESOP II.