F. Quinn Stepan Jr - Jun 15, 2021 Form 4 Insider Report for STEPAN CO (SCL)

Role
Chairman & CEO, Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for F. Quinn Stepan, Jr.
Stock symbol
SCL
Transactions as of
Jun 15, 2021
Transactions value $
$88,522
Form type
4
Date filed
6/16/2021, 03:41 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Award $57.3K +438 +0.26% $130.87 171K Jun 15, 2021 Direct F1
holding SCL Common Stock 11.7K 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 $31.2K +239 +0.23% $130.87 103K Jun 15, 2021 Common Stock 239 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 holdings.
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.