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STEPAN CO — Director's Dealing 2021
Jun 16, 2021
32175_dirs_2021-06-16_a76db166-0cc2-4021-ab8c-6d0912721560.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: 2021-06-11
Reporting Person: Catlett Janet Anne (VP, CHRO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-11 | Common Stock | P | 1.629 | $132.044 | Acquired | 3145.879 | Direct |
| 2021-06-15 | Common Stock | A | 1.044 | $130.87 | Acquired | 3146.923 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-15 | Share Units | $ | A | 6.046 | Acquired | Common Stock (6.046) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 192.72 | Indirect |
Footnotes
F1: Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan.
F2: Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II transactions.
F3: 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.
F4: Share Units convert on a one-for-one basis into Common Stock.
F5: Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
F6: 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.