STEPAN CO — Director's Dealing 2013

Nov 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2013-11-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-08	Common Stock	M	2000	$16.085	Acquired	58223.274	Direct
2013-11-08	Common Stock	S	2000	$58.550	Disposed	56223.274	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-08	Employee Stock Option (Right to Buy)	$16.085	M	2000	Disposed	2016-02-11	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1501.209	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $58.226 to $58.690. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.