Janet A. Catlett - 07 May 2021 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP, CHRO
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Janet A. Catlett
Issuer symbol
SCL
Transactions as of
07 May 2021
Net transactions value
-$90,033
Form type
4
Filing time
11 May 2021, 15:04:13 UTC
Previous filing
07 Jul 2021
Next filing
07 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $184,580 +2,000 +64% $92.29 5,144 07 May 2021 Direct F1
transaction SCL Common Stock Disposed to Issuer $184,551 -1,344 -26% $137.32 3,800 07 May 2021 Direct F2
transaction SCL Common Stock Tax liability $38,174 -278 -7.3% $137.32 3,522 07 May 2021 Direct F3
transaction SCL Common Stock Sale $51,888 -378 -11% $137.27 3,144 07 May 2021 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCL Stock Appreciation Right Options Exercise $0 -2,000 -40% $0.000000 3,062 07 May 2021 Common Stock 2,000 $92.29 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Appreciation Rights ("SARS") were settled in shares of common stock as per the terms of the award.
F2 Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.
F3 Withholding of shares to satisfy tax liability on exercise of SARs.
F4 The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $137.12 to $137.31, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.