Robert Haire - May 1, 2023 Form 3 Insider Report for STEPAN CO (SCL)

Role
EVP, Supply Chain
Signature
/s/ Stephanie J. Pacitti, attorney-in-fact for Robert Haire
Stock symbol
SCL
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
3
Date filed
5/8/2023, 02:32 PM
Next filing
Feb 20, 2024

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 Performance Shares May 1, 2023 Common Stock 3.3K Direct F1
holding SCL Restricted Stock Units May 1, 2023 Restricted Stock Units 1.65K Direct F2, F3
holding SCL Stock Appreciation Right May 1, 2023 Common Stock 4.74K $90.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest based upon Stepan Company achieving certain financial targets by December 31, 2025.
F2 Vest ratably over three years beginning on the date shown.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.