STEPAN CO — Director's Dealing 2011

Jun 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2011-05-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-31	Common Stock	M	379.000	$25.385	Acquired	24565.1795	Direct
2011-05-31	Common Stock	S	379.00	$67.072	Disposed	24186.1795	Direct
2011-05-31	Common Stock	M	519.00	$24.940	Acquired	24705.1795	Direct
2011-05-31	Common Stock	S	184	$66.900	Disposed	24521.1795	Direct
2011-05-31	Common Stock	S	335.000	$67.020	Disposed	24186.1795	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-31	Employee Stock Option (Right to Buy)	$25.385	M	379.000	Disposed	2013-04-28	Common Stock (379.000)	Direct
2011-05-31	Employee Stock Option (Right to Buy)	$24.940	M	519.000	Disposed	2014-02-09	Common Stock (519.00)	Direct