STEPAN CO — Director's Dealing 2018

Mar 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2018-03-02

Reporting Person: STEPAN F QUINN JR (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Common Stock	G	11834	—	Disposed	108608	Direct
2018-03-02	Common Stock	M	10000	$37.51	Acquired	163404.634	Direct
2018-03-02	Common Stock	S	10000	$79.814	Disposed	153404.634	Direct
2018-03-06	Common Stock	G	1936	—	Disposed	106672	Direct
2018-03-05	Common Stock	M	10000	$37.51	Acquired	163404.634	Direct
2018-03-05	Common Stock	S	5000	$80.952	Disposed	158404.634	Direct
2018-03-05	Common Stock	S	4472	$81.814	Disposed	153932.634	Direct
2018-03-05	Common Stock	S	528	$82.705	Disposed	153404.634	Direct
2018-03-06	Common Stock	M	10000	$37.51	Acquired	163404.634	Direct
2018-03-06	Common Stock	S	10000	$82.689	Disposed	153404.634	Direct
2018-03-06	Common Stock	M	5766	$37.51	Acquired	159170.634	Direct
2018-03-06	Common Stock	S	5766	$83.784	Disposed	153404.634	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-02	Employee Stock Option (Right to Buy)	$37.51	M	10000	Disposed	2019-02-06	Common Stock (10000)	Direct
2018-03-05	Employee Stock Option (Right to Buy)	$37.51	M	10000	Disposed	2019-02-06	Common Stock (10000)	Direct
2018-03-06	Employee Stock Option (Right to Buy)	$37.51	M	15766	Disposed	2019-02-06	Common Stock (15766)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11066.432	Indirect
Common Stock	160000	Indirect
Common Stock	48000	Indirect
Common Stock	54978	Indirect
Common Stock	40000	Indirect
Common Stock	0	Indirect
Common Stock	401210	Indirect

Footnotes

F1: Prior to the gift transfer, the reporting person and his spouse transferred 15,074 shares of Common Stock and 945 shares of Common Stock, respectively, from their individual accounts into their Joint Tenancy account.

F2: Joint Tenancy with Spouse.

F3: 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 $79.62 to $80.06, 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.

F4: 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 $80.47 to $81.08, 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.

F5: 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 $81.50 to $82.37, 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.

F6: 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 $82.55 to $82.735, 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.

F7: 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 $82.29 to $83.25, 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.

F8: 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 $83.39 to $84.108, 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.

F9: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.