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STEPAN CO — Director's Dealing 2022
Feb 17, 2022
32175_dirs_2022-02-17_d646109b-3f16-4481-90ff-c3a1602d3e85.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: 2022-02-15
Reporting Person: Stepan Richard Finn (V.P. and Gen'l. Mgr., Polymers)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-15 | Common Stock | M | 529 | — | Acquired | 210911 | Direct |
| 2022-02-16 | Common Stock | A | 76.787 | $111.26 | Acquired | 1002.175 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-15 | Performance Shares | $ | M | 433 | Disposed | Common Stock (433) | Direct | |
| 2022-02-16 | Stock Appreciation Right | $111.26 | A | 7565 | Acquired | 2032-02-15 | Common Stock (7565) | Direct |
| 2022-02-16 | Performance Shares | $ | A | 1618 | Acquired | Common Stock (1618) | Direct |
Footnotes
F1: The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2021.
F2: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F3: Vests ratably over three years beginning on the date shown.
F4: 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.