STEPAN CO — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2021-02-17

Reporting Person: Rojo Luis (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-17	Common Stock	M	2454	—	Acquired	5354	Direct
2021-02-17	Common Stock	A	73.968	$123.65	Acquired	230.882	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	2775	Acquired	2031-02-16	Common Stock (2775)	Direct
2021-02-17	Stock Appreciation Right	$123.73	A	8324	Acquired	2031-02-16	Common Stock (8324)	Direct
2021-02-17	Performance Shares	$	A	2182	Acquired		Common Stock (2182)	Direct
2021-02-17	Performance Shares	$	M	2822	Disposed		Common Stock (2822)	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.