Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCL | Common Stock | Options Exercise | +1.59K | +52.74% | 4.6K | Feb 15, 2022 | Direct | F1, F2 | ||
transaction | SCL | Common Stock | Award | $8.54K | +76.8 | +39.63% | $111.26 | 271 | Feb 16, 2022 | By Esop II Trust | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCL | Performance Shares | Options Exercise | -1.3K | -100% | 0 | Feb 15, 2022 | Common Stock | 1.3K | Direct | F3, F4 | |||
transaction | SCL | Stock Appreciation Right | Award | $0 | +5.04K | $0.00 | 5.04K | Feb 16, 2022 | Common Stock | 5.04K | $111.26 | Direct | F5 | |
transaction | SCL | Performance Shares | Award | $0 | +1.08K | $0.00 | 1.08K | Feb 16, 2022 | Common Stock | 1.08K | Direct | F6 | ||
holding | SCL | Share Units | 2.61K | Feb 15, 2022 | Common Stock | 2.61K | Direct | F2, F7, F8 |
Id | Content |
---|---|
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 | Each performance share represents a contingent right to receive 1 share of Stepan Company Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2020. |
F4 | The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2021. |
F5 | Vests ratably over three years beginning on date shown. |
F6 | Each performance share represents a contingent right to receive 1 share of Stepan Company Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2024. |
F7 | Share Units convert on a one-for-one basis into Common Stock. |
F8 | 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. |