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STEPAN CO — Director's Dealing 2020
Sep 17, 2020
32175_dirs_2020-09-17_7c45d999-0441-477e-97f3-75d86712345d.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: 2020-09-15
Reporting Person: Catlett Janet Anne (VP, CHRO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-15 | Common Stock | P | 1.643 | $117.182 | Acquired | 2692.783 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-15 | Share Units | $ | A | 3.2 | Acquired | Common Stock (3.2) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 117.545 | Indirect |
Footnotes
F1: Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II transactions.
F2: 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.
F3: Share Units convert on a one-for-one basis into Common Stock.
F4: Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
F5: Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.