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

Role
President & COO
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Scott R. Behrens
Stock symbol
SCL
Transactions as of
Apr 25, 2022
Transactions value $
$0
Form type
4
Date filed
4/27/2022, 05:40 PM
Previous filing
Mar 7, 2022
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SCL Common Stock 13.6K Apr 25, 2022 Direct F1
holding SCL Common Stock 3.96K Apr 25, 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 +6.12K +113.52% $0.00 11.5K Apr 25, 2022 Common Stock 6.12K Direct F2
transaction SCL Stock Appreciation Right Award $0 +27K $0.00 27K Apr 25, 2022 Common Stock 27K $98.00 Direct F3
holding SCL Share Units 10.4K Apr 25, 2022 Common Stock 10.4K 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.