Debra Stefaniak - Feb 15, 2022 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP, Business Enablement
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Debra Stefaniak
Stock symbol
SCL
Transactions as of
Feb 15, 2022
Transactions value $
$8,543
Form type
4
Date filed
2/18/2022, 11:57 AM
Previous filing
Dec 9, 2021
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise +1.59K +23.83% 8.25K Feb 15, 2022 Direct F1
transaction SCL Common Stock Award $8.54K +76.8 +14.93% $111.26 591 Feb 16, 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 -1.3K -100% 0 Feb 15, 2022 Common Stock 1.3K Direct F1
transaction SCL Stock Appreciation Right Award $0 +5.04K $0.00 5.04K Feb 16, 2022 Common Stock 5.04K $111.26 Direct F3
transaction SCL Performance Shares Award $0 +1.08K $0.00 1.08K Feb 16, 2022 Common Stock 1.08K Direct F4
* 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.
F3 Vests ratably over three years beginning on the date shown.
F4 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.