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: Servatius Gregory (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Common Stock	F	1003	$80.76	Disposed	21708.651	Direct
2018-03-02	Common Stock	I	4571.537	$81.155	Disposed	4571.537	Indirect

Footnotes

F1: The transaction reported reflects the withholding of shares from the performance shares vested on February 21, 2018, which were reported on the Form 4 filed for the reporting person on February 23, 2018. Withholding of these shares were applied to the reporting person's account on the transaction date shown.

F2: In accordance with the terms of the Company's Employee Stock Ownership Plan II, the reporting person elected to diversify a portion of his investment out of Company Common Stock.