Arthur W. Mergner - Oct 27, 2022 Form 4 Insider Report for STEPAN CO (SCL)

Role
Exec VP, Supply Chain
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Arthur W. Mergner
Stock symbol
SCL
Transactions as of
Oct 27, 2022
Transactions value $
-$87,912
Form type
4
Date filed
10/31/2022, 01:18 PM
Previous filing
Feb 18, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $36.8K +583 +2.48% $63.11 24.1K Oct 27, 2022 Direct
transaction SCL Common Stock Options Exercise $97.4K +1.57K +6.53% $61.91 25.7K Oct 27, 2022 Direct
transaction SCL Common Stock Sale -$222K -2.16K -8.4% $103.01 23.5K Oct 27, 2022 Direct F1
holding SCL Common Stock 87.3 Oct 27, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -583 -100% $0.00* 0 Oct 27, 2022 Common Stock 583 $63.11 Direct
transaction SCL Employee Stock Option (Right to Buy) Options Exercise $0 -1.57K -100% $0.00* 0 Oct 27, 2022 Common Stock 1.57K $61.91 Direct
holding SCL Share Units 8.56K Oct 27, 2022 Common Stock 8.56K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $102.84 to $103.092, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
F2 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F3 Share Units convert on a one-for-one basis into Common Stock.
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.