F. Quinn Stepan Jr. - 15 Feb 2022 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.
Issuer symbol: SCL
Transactions as of: 15 Feb 2022
Net transactions value: +$8,543
Form type: 4
Filing time: 17 Feb 2022, 20:53:10 UTC
Previous filing: 16 Jun 2021
Next filing: 28 Apr 2022
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		+13,231	+7.7%		185,733	15 Feb 2022	Direct	F1, F2
transaction	SCL	Common Stock	Award	$8,543	+77	+0.65%	$111.26	11,877	16 Feb 2022	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	Performance Shares	Options Exercise		-10,836	-100%		0	15 Feb 2022	Common Stock	10,836		Direct	F1

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

Explanation of Responses:

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.