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STEPAN CO — Director's Dealing 2014
Jun 16, 2014
32175_dirs_2014-06-16_9b3bb7f9-b029-468d-a718-19d878a3c365.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: 2014-06-13
Reporting Person: STEPAN F QUINN (Director, Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-13 | Share Units | $ | A | 1320.427 | Acquired | Common Stock (1320.427) | Direct |
Footnotes
F1: Share Units are acquired under the Management Incentive Plan Amended and Restated as of January 1, 2010 ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.
F2: Share Units convert on a one-for-one basis into Common Stock.
F3: Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
F4: Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.