F. Quinn Stepan Jr. - 14 Mar 2023 Form 4 Insider Report for STEPAN CO (SCL)

Role
Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for F. Quinn Stepan, Jr.
Issuer symbol
SCL
Transactions as of
14 Mar 2023
Net transactions value
$0
Form type
4
Filing time
16 Mar 2023, 17:11:14 UTC
Previous filing
01 Mar 2023
Next filing
27 Apr 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 Gift $0 -156 -0.76% $0.000000 20,467 14 Mar 2023 By Father
transaction SCL Common Stock Gift $0 +156 +23% $0.000000 828 14 Mar 2023 By Spouse F1
transaction SCL Common Stock Gift $0 -1,428 -7% $0.000000 19,039 14 Mar 2023 By Father
transaction SCL Common Stock Gift $0 +1,428 +7.7% $0.000000 19,996 14 Mar 2023 By Family Trust III
transaction SCL Common Stock Gift $0 -12,936 -68% $0.000000 6,103 14 Mar 2023 By Father
holding SCL Common Stock 245,589 14 Mar 2023 Direct F1, F2
holding SCL Common Stock 65,547 14 Mar 2023 Direct F1, F3
holding SCL Common Stock 8,784 14 Mar 2023 By Family Trust V F4
holding SCL Common Stock 91 14 Mar 2023 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
holding SCL Share Units 90,942 14 Mar 2023 Common Stock 90,942 Direct F2, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an upward adjustment by the following amount due to clerical error in reporting previous family gifts: 17,424.357 shares (direct holding), 5,587 shares (joint tenancy with spouse) and 300 shares (spouse's holding).
F2 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F3 Joint Tenancy with Spouse.
F4 Reflects a transfer from the reporting person's father's trust to the reporting person's father's direct holdings prior to the reported gifts.
F5 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.
F6 Share Units convert on a one-for-one basis into Common Stock.
F7 Share Units are generally payable at end of employment, unless otherwise elected.