STEPAN CO — Director's Dealing 2020

Feb 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2020-02-19

Reporting Person: Kabbes David (VP GC & Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-19	Stock Option (Right to Buy)	$102.30	A	2893	Acquired	2030-02-18	Common Stock (2893)	Direct
2020-02-19	Stock Appreciation Right	$102.30	A	8678	Acquired	2030-02-18	Common Stock (8678)	Direct
2020-02-19	Performance Shares	$	A	1955	Acquired		Common Stock (1955)	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, 2022.