David Kabbes - 16 Feb 2022 Form 4 Insider Report for STEPAN CO (SCL)

Role: VP GC & Secretary
Signature: /s/ Stephanie J. Pacitti, Attorney-in-Fact for David G. Kabbes
Issuer symbol: SCL
Transactions as of: 16 Feb 2022
Net transactions value: +$8,543
Form type: 4
Filing time: 18 Feb 2022, 12:05:03 UTC
Previous filing: 17 Feb 2022
Next filing: 07 Mar 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	Award	$8,543	+77	+60%	$111.26	205	16 Feb 2022	By ESOP II Trust	F1

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	Stock Appreciation Right	Award	$0	+10,087		$0.000000	10,087	16 Feb 2022	Common Stock	10,087	$111.26	Direct	F2
transaction	SCL	Performance Shares	Award	$0	+2,157		$0.000000	2,157	16 Feb 2022	Common Stock	2,157		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F2	Vests ratably over three years beginning on date shown.
F3	Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2024.