STEPAN CO — Director's Dealing 2012

Nov 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2012-11-20

Reporting Person: Servatius Gregory (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-20	Common Stock	M	3993.000	$24.940	Acquired	16710.173	Direct
2012-11-20	Common Stock	S	3993.000	$96.40	Disposed	12717.173	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-20	Employee Stock Option (Right to Buy)	$24.940	M	3993.000	Disposed	2014-02-09	Common Stock (3993.000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4666.144	Indirect
Common Stock	309917	Indirect