STEPAN CO — Major Shareholding Notification 2005

Feb 14, 2005

SC 13G/A 1 dsc13ga.htm SCHEDULE 13G/A SCHEDULE 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 12)*

STEPAN COMPANY

(Name of Issuer)

5½% Convertible Preferred

(Title of Class of Securities)

858586-20-9 (CUSIP Number)

Check the following box if a fee is being paid with this statement. ¨ (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7).

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP NO. 858586-20-9 13G PAGE 2 OF 5 PAGES

1	NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON PAUL H. STEPAN
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) ¨
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 4,193 6 SHARED VOTING POWER 166,480 (see item 6) 7 SOLE DISPOSITIVE POWER 4,193 8 SHARED DISPOSITIVE POWER 166,480

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 170,673
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 29.3%
12	TYPE OF REPORTING PERSON* INDIVIDUAL

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Item 1	(a)	Name of issuer: Stepan Company
Item 1	(b)	Address of issuer’s principal executive offices: 22 West Frontage Road Northfield, Illinois
60093
Item 2	(a)	Name of person filing: See Item 1 of cover page
Item 2	(b)	Address of principal business office or, if none, residence: Stepan Company 22 West Frontage Road Northfield, Illinois 60093
Item 2	(c)	Citizenship: See item 4 of cover page
Item 2	(d)	Title of class of securities: 5½ percent Convertible Preferred
Item 2	(e)	CUSIP number: 858586-20-9

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Item 3	Ownership — (a)	Amount beneficially owned: See Item 9 of cover page
	(b)	Percent of Class: See Item 11 of cover page
	(c)	Number of shares as to which such person has:
		(i)	Sole power to vote or direct the vote See Item 5 of cover page
		(ii)	Shares power to vote or direct the vote - See Item 6 of cover page
		(iii)	Sole power to dispose or direct the disposition of See Item 7 of cover page
		(iv)	Shares power to dispose or direct the disposition of: See Item 8 of cover page
Item 5	Ownership of five percent or less of a class: Not applicable
Item 6	Ownership of more than five percent on behalf of another person: Of the shares reported herein, F. Quinn Stepan and Paul H. Stepan, as the general partners of Stepan Venture I, an Illinois limited
partnership, which in turn is the sole general partner of Stepan Venture II, an Illinois limited partnership, have over 166,480 of the issuer’s 5½ percent Convertible Preferred shares owned by Stepan Venture II. (note – Stepan Company
5½ percent Convertible Preferred shares were split 8-for-1 on April 30, 1993)
Item 7	Identification and classification of the subsidiary which acquired the security being reported on by the parent holding
company: Not applicable
Item 8	Identification and classification of members of the group. Not applicable
Item 9	Notice of dissolution of group: Not applicable
Item 10	Certification: Not applicable

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Signature - After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

February 14, 2005	/s/ Paul H. Stepan
Dated	Signature
	Paul H. Stepan
	Name

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