STEPAN CO — Director's Dealing 2019

Feb 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2019-02-20

Reporting Person: Catlett Janet Anne (VP, CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-20	Common Stock	A	36.566	$92.29	Acquired	36.566	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-20	Stock Option (Right to Buy)	$92.29	A	1687	Acquired	2029-02-19	Common Stock (1687)	Direct
2019-02-20	Stock Appreciation Right	$92.29	A	5062	Acquired	2029-02-19	Common Stock (5062)	Direct
2019-02-20	Performance Shares	$	A	1300	Acquired		Common Stock (1300)	Direct
2019-02-20	Share Units	$	A	756.185	Acquired		Common Stock (756.185)	Direct

Footnotes

F1: Vests ratably over three years beginning on date shown.

F2: Each performance share represents a contingent right to receive 1 share of Stepan Company Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2021.

F3: Share Units convert on a one-for-one basis into Common Stock.

F4: Share Units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.