Edward J. Wehmer - 25 Apr 2023 Form 4 Insider Report for STEPAN CO (SCL)

Role
Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-fact for Edward J. Wehmer
Issuer symbol
SCL
Transactions as of
25 Apr 2023
Net transactions value
+$124,974
Form type
4
Filing time
27 Apr 2023, 12:43:37 UTC
Previous filing
07 Mar 2023
Next filing
15 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SCL Common Stock 7,292 25 Apr 2023 Direct F1, 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 Stock Awards Award $124,974 +1,325 +10% $94.32 14,102 25 Apr 2023 Common Stock 1,325 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Since the date of the reporting person's last ownership report, 1,143 of the reporting person's deferred stock awards were settled for an equal number of shares of Stepan Company common stock.
F2 Includes 4,949 shares held in a trust of which the reporting person is the trustee and the reporting person's spouse is the beneficiary.
F3 Each Stock Award represents the right to receive one share of issuer common stock.
F4 Stock Awards are payable in shares pursuant to the director's election either following separation from service or after a specified age.
F5 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.