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STEPAN CO — Director's Dealing 2018
Nov 30, 2018
32175_dirs_2018-11-30_c2331755-d191-46db-9743-8436878711cc.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: 2018-11-29
Reporting Person: Slone Robert Victor (VP Chief Tech & Sustainability)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-29 | Common Stock | M | 1377 | $57.79 | Acquired | 4619.1011 | Direct |
| 2018-11-29 | Common Stock | M | 1204 | $41.16 | Acquired | 5823.1011 | Direct |
| 2018-11-29 | Common Stock | M | 1277 | $43.85 | Acquired | 7100.1011 | Direct |
| 2018-11-29 | Common Stock | M | 607 | $62.41 | Acquired | 7707.1011 | Direct |
| 2018-11-29 | Common Stock | M | 464 | $78.58 | Acquired | 8171.1011 | Direct |
| 2018-11-29 | Common Stock | S | 3741 | $80.319 | Disposed | 4430.1011 | Direct |
| 2018-11-29 | Common Stock | M | 3611 | $41.16 | Acquired | 8041.1011 | Direct |
| 2018-11-29 | Common Stock | D | 1854 | $80.19 | Disposed | 6187.1011 | Direct |
| 2018-11-29 | Common Stock | F | 515 | $80.19 | Disposed | 5672.1011 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-29 | Employee Stock Option (Right to Buy) | $57.79 | M | 1377 | Disposed | 2023-11-03 | Common Stock (1377) | Direct |
| 2018-11-29 | Employee Stock Option (Right to Buy) | $41.16 | M | 1204 | Disposed | 2025-02-16 | Common Stock (1204) | Direct |
| 2018-11-29 | Employee Stock Option (Right to Buy) | $43.85 | M | 1277 | Disposed | 2026-02-22 | Common Stock (1277) | Direct |
| 2018-11-29 | Employee Stock Option (Right to Buy) | $62.41 | M | 607 | Disposed | 2026-07-18 | Common Stock (607) | Direct |
| 2018-11-29 | Stock Option (Right to Buy) | $78.58 | M | 464 | Disposed | 2027-02-20 | Common Stock (464) | Direct |
| 2018-11-29 | Stock Appreciation Right | $41.16 | M | 3611 | Disposed | 2025-02-16 | Common Stock (3611) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 463.221 | Indirect |
Footnotes
F1: The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $80.20 to $80.48, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
F2: The Stock Appreciation Rights ("SARs") were settled in shares of common stock as per the terms of the award.
F3: Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.
F4: Withholding of shares to satisfy tax liability on exercise of SARs.