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STEPAN CO — Director's Dealing 2014
Mar 18, 2014
32175_dirs_2014-03-18_0fdaeb5c-8e19-4fa5-a873-6ae413e87369.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: 2014-03-14
Reporting Person: STEPAN F QUINN (Director, Chairman)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-14 | Share Units | $ | A | 1113.932 | Acquired | Common Stock (1113.932) | 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.