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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-19	Common Stock	M	20000	$26.25	Acquired	75851.444	Direct
2012-11-19	Common Stock	F	13683	$95.50	Disposed	62168.444	Direct
2012-11-19	Common Stock	M	30000	$31.70	Acquired	92168.444	Direct
2012-11-19	Common Stock	F	21271	$95.50	Disposed	70897.444	Direct
2012-11-19	Common Stock	M	28188	$32.17	Acquired	99085.444	Direct
2012-11-19	Common Stock	F	20046	$95.50	Disposed	79039.444	Direct
2012-11-20	Common Stock	M	1110	$32.17	Acquired	80149.444	Direct
2012-11-20	Common Stock	S	100	$96.815	Disposed	80049.444	Direct
2012-11-20	Common Stock	S	100	$96.85	Disposed	79949.444	Direct
2012-11-20	Common Stock	S	100	$96.96	Disposed	79849.444	Direct
2012-11-20	Common Stock	S	10	$97.17	Disposed	79839.444	Direct
2012-11-20	Common Stock	S	100	$97.37	Disposed	79739.444	Direct
2012-11-20	Common Stock	S	100	$97.38	Disposed	79639.444	Direct
2012-11-20	Common Stock	S	100	$97.55	Disposed	79539.444	Direct
2012-11-20	Common Stock	S	100	$97.66	Disposed	79439.444	Direct
2012-11-20	Common Stock	S	100	$97.7	Disposed	79339.444	Direct
2012-11-20	Common Stock	S	100	$97.73	Disposed	79239.444	Direct
2012-11-20	Common Stock	S	100	$97.75	Disposed	79139.444	Direct
2012-11-20	Common Stock	S	100	$97.83	Disposed	79039.444	Direct
2012-11-20	Common Stock	M	702	$32.17	Acquired	79741.444	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	20000	Disposed	2016-02-13	Common Stock (20000)	Direct
2012-11-19	Employee Stock Option (Right to Buy)	$31.7	M	30000	Disposed	2015-02-12	Common Stock (30000)	Direct
2012-11-19	Employee Stock Option (Right to Buy)	$32.17	M	28188	Disposed	2016-02-11	Common Stock (28188)	Direct
2012-11-20	Employee Stock Option (Right to Buy)	$32.17	M	1110	Disposed	2016-02-11	Common Stock (1110)	Direct
2012-11-20	Employee Stock Option (Right to Buy)	$32.17	M	702	Disposed	2016-02-11	Common Stock (702)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	51500	Direct
Common Stock	4200.471	Indirect
Common Stock	30257	Indirect
Common Stock	24000	Indirect
Common Stock	7500	Indirect
Common Stock	17464	Indirect
Common Stock	44017	Indirect
Common Stock	309917	Indirect

Footnotes

F1: Joint Tenancy with spouse.

F2: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.