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STEPAN CO — Director's Dealing 2021
Feb 19, 2021
32175_dirs_2021-02-19_3dca6c3c-e913-40ae-805d-6a8ad03da5e3.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: 2021-02-17
Reporting Person: Moriarty Sean Thomas (VP & GM Surfactants)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-17 | Common Stock | M | 1668 | — | Acquired | 7211.6445 | Direct |
| 2021-02-17 | Common Stock | A | 73.968 | $123.65 | Acquired | 3982.453 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-17 | Stock Option (Right to Buy) | $123.73 | A | 2467 | Acquired | 2031-02-16 | Common Stock (2467) | Direct |
| 2021-02-17 | Stock Appreciation Right | $123.73 | A | 7400 | Acquired | 2031-02-16 | Common Stock (7400) | Direct |
| 2021-02-17 | Performance Shares | $ | A | 1940 | Acquired | Common Stock (1940) | Direct | |
| 2021-02-17 | Performance Shares | $ | M | 1918 | Disposed | Common Stock (1918) | Direct |
Footnotes
F1: The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2020.
F2: Vests ratably over three years beginning on the date shown.
F3: Each performance share represents a contingent right to receive 1 share of Stepan Company common stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2023.
F4: 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, 2020.