Arthur W. Mergner - Jun 15, 2021 Form 4 Insider Report for STEPAN CO (SCL)

Role: Exec VP, Supply Chain
Signature: /s/ Stephanie J. Pacitti, Attorney-in-Fact for Arthur W. Mergner
Stock symbol: SCL
Transactions as of: Jun 15, 2021
Transactions value $: $8,652
Form type: 4
Date filed: 6/16/2021, 03:27 PM
Previous filing: May 27, 2021
Next filing: Feb 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCL	Common Stock	Award	$6.09K	+46.5	+0.23%	$130.87	20K	Jun 15, 2021	Direct	F1
holding	SCL	Common Stock						3.47K	Jun 15, 2021	By Esop II Trust	F2

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	Share Units	Award	$2.57K	+19.6	+0.23%	$130.87	8.43K	Jun 15, 2021	Common Stock	19.6		Direct	F3, F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan.
F2	Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II transactions.
F3	Share Units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.
F4	Share Units convert on a one-for-one basis into Common Stock.
F5	Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
F6	Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.