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STEPAN CO Director's Dealing 2014

Aug 26, 2014

32175_dirs_2014-08-26_4dab5272-9fc0-497c-a54c-4d01e873ed74.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2014-08-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-22	Common Stock	M	500.000	$18.46	Acquired	56992.803	Direct
2014-08-22	Common Stock	S	93.000	$48.330	Disposed	56899.803	Direct
2014-08-22	Common Stock	S	107.000	$48.370	Disposed	56792.803	Direct
2014-08-22	Common Stock	S	300.000	$48.380	Disposed	56492.803	Direct
2014-08-25	Common Stock	M	500.000	$18.460	Acquired	56992.803	Direct
2014-08-25	Common Stock	S	100.000	$48.240	Disposed	56892.803	Direct
2014-08-25	Common Stock	S	200.000	$48.280	Disposed	56692.803	Direct
2014-08-25	Common Stock	S	200.000	$48.300	Disposed	56492.803	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-22	Employee Stock Option (Right to Buy)	$18.460	M	500.00	Disposed	2017-02-09	Common Stock (500.000)	Direct
2014-08-25	Employee Stock Option (Right to Buy)	$18.460	M	500.00	Disposed	2017-02-09	Common Stock (500.000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1615.755	Indirect