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STEPAN CO — Director's Dealing 2020
Feb 21, 2020
32175_dirs_2020-02-21_a5e4c507-f97c-48ec-a285-baeba06d6730.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: 2020-02-19
Reporting Person: Catlett Janet Anne (VP, CHRO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-19 | Stock Option (Right to Buy) | $102.30 | A | 1736 | Acquired | 2030-02-18 | Common Stock (1736) | Direct |
| 2020-02-19 | Stock Appreciation Right | $102.30 | A | 5207 | Acquired | 2030-02-18 | Common Stock (5207) | Direct |
| 2020-02-19 | Performance Shares | $ | A | 1173 | Acquired | Common Stock (1173) | Direct | |
| 2020-02-19 | Share Units | $ | A | 580.789 | Acquired | Common Stock (580.789) | 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.
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.