STEPAN CO — Director's Dealing 2018

Jan 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2018-01-03

Reporting Person: Dearth Randall S. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-22	Common Stock	G	87	—	Disposed	7653	Direct
2017-12-26	Common Stock	G	50	—	Disposed	7603	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-03	Stock Units	$	A	4	Acquired		Common Stock (4)	Direct

Footnotes

F1: Each phantom stock unit represents the right to receive one share of issuer Common Stock.

F2: Phantom stock units are payable in shares pursuant to the director's election either following separation from service or after a specified age.