AI assistant
STEPAN CO — Director's Dealing 2022
Feb 18, 2022
32175_dirs_2022-02-18_660ab379-a086-4165-bbb5-783bc786933a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2022-02-15
Reporting Person: Keiper Jason Scott (VP & Chief Tech & Sust Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-15 | Common Stock | M | 1178 | — | Acquired | 3550.3392 | Direct |
| 2022-02-16 | Common Stock | A | 76.787 | $111.26 | Acquired | 199.773 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-15 | Performance Shares | $ | M | 964 | Disposed | Common Stock (964) | Direct | |
| 2022-02-16 | Stock Appreciation Right | $111.26 | A | 5043 | Acquired | 2032-02-15 | Common Stock (5043) | Direct |
| 2022-02-16 | Performance Shares | $ | A | 1079 | Acquired | Common Stock (1079) | Direct |
Footnotes
F1: The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2021.
F2: Includes exempt acquisitions under Rule 16b-3(c) and Rule 16b-3(d) since the date of the reporting person's last report.
F3: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F4: Vests ratably over three years beginning on date shown.
F5: Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2024.