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STEPAN CO — Director's Dealing 2018
Dec 4, 2018
32175_dirs_2018-12-04_15a35eb3-e058-4871-a95a-e517f1880091.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: 2018-11-30
Reporting Person: Slone Robert Victor (VP Chief Tech & Sustainability)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-30 | Common Stock | D | 1377 | $80.48 | Disposed | 7493.1011 | Direct |
| 2018-11-30 | Common Stock | M | 1377 | $57.79 | Acquired | 7049.1011 | Direct |
| 2018-11-30 | Common Stock | D | 2088 | $80.48 | Disposed | 5405.1011 | Direct |
| 2018-11-30 | Common Stock | F | 651 | $80.48 | Disposed | 4754.1011 | Direct |
| 2018-11-30 | Common Stock | M | 1821 | $62.41 | Acquired | 8870.1011 | Direct |
| 2018-11-30 | Common Stock | D | 1412 | $80.48 | Disposed | 3342.1011 | Direct |
| 2018-11-30 | Common Stock | F | 153 | $80.48 | Disposed | 3189.1011 | Direct |
| 2018-11-30 | Common Stock | M | 1392 | $78.58 | Acquired | 4581.1011 | Direct |
| 2018-11-30 | Common Stock | D | 1361 | $80.42 | Disposed | 3220.1011 | Direct |
| 2018-11-30 | Common Stock | F | 12 | $80.42 | Disposed | 3208.1011 | Direct |
| 2018-11-30 | Common Stock | M | 3832 | $43.85 | Acquired | 10881.1011 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-30 | Stock Appreciation Right | $57.79 | M | 1377 | Disposed | 2023-11-03 | Common Stock (1377) | Direct |
| 2018-11-30 | Stock Appreciation Right | $62.41 | M | 1821 | Disposed | 2026-07-18 | Common Stock (1821) | Direct |
| 2018-11-30 | Stock Appreciation Right | $78.58 | M | 1392 | Disposed | 2027-02-20 | Common Stock (1392) | Direct |
| 2018-11-30 | Stock Appreciation Right | $43.85 | M | 3832 | Disposed | 2026-02-22 | Common Stock (3832) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 463.221 | Indirect |
Footnotes
F1: The Stock Appreciation Rights ("SARs") were settled in cash pursuant to the terms of the award. For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.
F2: Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.
F3: Withholding of shares to satisfy tax liability on exercise of SARs.
F4: The SARs were settled in shares of common stock as per the terms of the award.