STEPAN CO — Director's Dealing 2016

Nov 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2016-11-18

Reporting Person: Stefaniak Debra (VP, Business Transformation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-18	Common Stock	M	1000	$37.51	Acquired	6497.196	Direct
2016-11-18	Common Stock	S	100	$77.47	Disposed	6397.196	Direct
2016-11-18	Common Stock	S	100	$77.48	Disposed	6297.196	Direct
2016-11-18	Common Stock	S	100	$77.49	Disposed	6197.196	Direct
2016-11-18	Common Stock	S	200	$77.58	Disposed	5997.196	Direct
2016-11-18	Common Stock	S	100	$77.69	Disposed	5897.196	Direct
2016-11-18	Common Stock	S	100	$77.71	Disposed	5797.196	Direct
2016-11-18	Common Stock	S	200	$77.77	Disposed	5597.196	Direct
2016-11-18	Common Stock	S	100	$77.78	Disposed	5497.196	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-18	Employee Stock Option (Right to Buy)	$37.51	M	1000	Disposed	2019-02-06	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2205.216	Indirect

Footnotes

F1: Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings.