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: 2012-11-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-19	Common Stock	M	1000	$26.250	Acquired	27370.92	Direct
2012-11-19	Common Stock	S	300	$95.922	Disposed	27070.92	Direct
2012-11-19	Common Stock	S	200	$96.00	Disposed	26870.92	Direct
2012-11-19	Common Stock	S	500	$96.240	Disposed	26370.92	Direct
2012-11-20	Common Stock	M	1000	$31.700	Acquired	27370.92	Direct
2012-11-20	Common Stock	S	86	$98.200	Disposed	27284.92	Direct
2012-11-20	Common Stock	S	4	$98.340	Disposed	27280.92	Direct
2012-11-20	Common Stock	S	100	$98.480	Disposed	27180.92	Direct
2012-11-20	Common Stock	S	100	$98.490	Disposed	27080.92	Direct
2012-11-20	Common Stock	S	200	$98.510	Disposed	26880.92	Direct
2012-11-20	Common Stock	S	208	$98.520	Disposed	26672.92	Direct
2012-11-20	Common Stock	S	202	$98.530	Disposed	26470.92	Direct
2012-11-20	Common Stock	S	100	$98.580	Disposed	26370.92	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-19	Employee Stock Option (Right to Buy)	$26.250	M	1000	Disposed	2016-02-13	Common Stock (1000)	Direct
2012-11-20	Employee Stock Option (Right to Buy)	$31.700	M	1000	Disposed	2015-02-12	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	667.989	Indirect