Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCL | Common Stock | Options Exercise | +1.92K | +37.12% | 7.08K | Feb 14, 2023 | Direct | F1, F2 | ||
holding | SCL | Common Stock | 274 | Feb 14, 2023 | By Esop II Trust | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCL | Performance Shares | Options Exercise | -1.17K | -100% | 0 | Feb 14, 2023 | Common Stock | 1.17K | Direct | F1 | |||
transaction | SCL | Performance Shares | Award | $0 | +1.37K | $0.00 | 1.37K | Feb 14, 2023 | Common Stock | 1.37K | Direct | F3 | ||
transaction | SCL | Restricted Stock Units | Award | $0 | +682 | $0.00 | 682 | Feb 14, 2023 | Restricted Stock Units | 682 | Direct | F4, F5 | ||
transaction | SCL | Stock Appreciation Right | Award | $0 | +1.9K | $0.00 | 1.9K | Feb 14, 2023 | Common Stock | 1.9K | $109.92 | Direct | F5 | |
holding | SCL | Share Units | 2.65K | Feb 14, 2023 | Common Stock | 2.65K | Direct | F2, F6, F7 |
Id | Content |
---|---|
F1 | The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2022. |
F2 | Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report. |
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, 2025. |
F4 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock. |
F5 | Vests ratably over three years beginning on the date shown. |
F6 | Share Units convert on a one-for-one basis into Common Stock. |
F7 | 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. |