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STEPAN CO — Director's Dealing 2021
May 11, 2021
32175_dirs_2021-05-11_8214022f-12d8-4163-b05e-d8d5d21d0b9b.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: 2021-05-07
Reporting Person: Behrens Scott R. (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-07 | Common Stock | S | 1483 | $137.289 | Disposed | 11452.761 | Direct |
| 2021-05-07 | Common Stock | S | 201 | $137.62 | Disposed | 11251.761 | Direct |
| 2021-05-10 | Common Stock | M | 3447 | $72.99 | Acquired | 14698.761 | Direct |
| 2021-05-10 | Common Stock | D | 1817 | $138.50 | Disposed | 12881.761 | Direct |
| 2021-05-10 | Common Stock | F | 624 | $138.50 | Disposed | 12257.761 | Direct |
| 2021-05-10 | Common Stock | S | 1006 | $138.316 | Disposed | 11251.761 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-10 | Stock Appreciation Right | $72.99 | M | 3447 | Disposed | 2028-02-20 | Common Stock (3447) | Direct |
Footnotes
F1: The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $136.60 to $137.60, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
F2: The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $137.61 to $137.63, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
F3: The Stock Appreciation Rights ("SARs") were settled in shares of common stock as per the terms of the award.
F4: Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.
F5: Withholding of shares to satisfy tax liability on exercise of SARs.
F6: The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $138.08 to $138.62, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.