Scott R. Behrens - 25 Apr 2022 Form 4 Insider Report for STEPAN CO (SCL)

Role
President & COO
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Scott R. Behrens
Issuer symbol
SCL
Transactions as of
25 Apr 2022
Net transactions value
$0
Form type
4
Filing time
27 Apr 2022, 17:40:09 UTC
Previous filing
07 Mar 2022
Next filing
12 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SCL Common Stock 13,614 25 Apr 2022 Direct F1
holding SCL Common Stock 3,956 25 Apr 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 Performance Shares Award $0 +6,122 +114% $0.000000 11,515 25 Apr 2022 Common Stock 6,122 Direct F2
transaction SCL Stock Appreciation Right Award $0 +27,003 $0.000000 27,003 25 Apr 2022 Common Stock 27,003 $98.00 Direct F3
holding SCL Share Units 10,422 25 Apr 2022 Common Stock 10,422 Direct F1, F4, F5
* 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 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.
F3 Vests ratably over three years beginning on the date shown.
F4 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.
F5 Share Units convert on a one-for-one basis into Common Stock.