Jason Scott Keiper - 14 Feb 2023 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP & Chief Tech & Sust Officer
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Jason Scott Keiper
Issuer symbol
SCL
Transactions as of
14 Feb 2023
Net transactions value
$0
Form type
4
Filing time
16 Feb 2023, 18:08:01 UTC
Previous filing
26 Aug 2022
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise +1,917 +45% 6,191 14 Feb 2023 Direct F1, F2, F3
holding SCL Common Stock 203 14 Feb 2023 By ESOP II Trust F3

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 Options Exercise -1,173 -100% 0 14 Feb 2023 Common Stock 1,173 Direct F1
transaction SCL Performance Shares Award $0 +1,592 $0.000000 1,592 14 Feb 2023 Common Stock 1,592 Direct F4
transaction SCL Restricted Stock Units Award $0 +796 $0.000000 796 14 Feb 2023 Restricted Stock Units 796 Direct F5, F6
transaction SCL Stock Appreciation Right Award $0 +2,215 $0.000000 2,215 14 Feb 2023 Common Stock 2,215 $109.92 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2022.
F2 Includes exempt acquisitions under Rule 16b-3(c) and Rule 16b-3(d) since the date of the reporting person's last report.
F3 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F4 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.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F6 Vests ratably over three years beginning on the date shown.