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STEPAN CO — Director's Dealing 2022
Aug 16, 2022
32175_dirs_2022-08-16_29915ced-9cef-4751-bae1-2dd0648a2739.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: 2022-08-12
Reporting Person: Stefaniak Debra (VP, Business Enablement)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-12 | Common Stock | M | 1058 | $63.11 | Acquired | 9314.499 | Direct |
| 2022-08-12 | Common Stock | D | 1058 | $111.6465 | Disposed | 8256.499 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-12 | Stock Appreciation Right | $63.11 | M | 1058 | Disposed | 2023-02-18 | Common Stock (1058) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 446.303 | Indirect |
Footnotes
F1: The stock appreciation rights ("SARs") were settled in cash as per the terms of the award. For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.
F2: Since the date of the reporting person's last ownership report, the reporting person has disposed of 147.769 shares held in her ESOP pursuant to a diversification election made under the Internal Revenue Code.
F3: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.