STEPAN CO — Director's Dealing 2013

Nov 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2013-11-13

Reporting Person: Servatius Gregory (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-13	Common Stock	S	2400	$59.00	Disposed	22342.983	Direct
2013-11-13	Common Stock	S	1400	$59.015	Disposed	20942.983	Direct
2013-11-13	Common Stock	S	200	$59.050	Disposed	20742.983	Direct
2013-11-13	Common Stock	S	500	$59.090	Disposed	20242.983	Direct
2013-11-13	Common Stock	S	243	$59.100	Disposed	19999.983	Direct
2013-11-13	Common Stock	M	7000	$13.125	Acquired	26999.983	Direct
2013-11-13	Common Stock	F	1562	$58.800	Disposed	25437.983	Direct
2013-11-14	Common Stock	S	700	$59.000	Disposed	24737.983	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-13	Employee Stock Option (Right to Buy)	$13.125	M	7000	Disposed	2016-02-13	Common Stock (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10915.868	Indirect
Common Stock	576300	Indirect