Scott R. Behrens - 04 May 2023 Form 4 Insider Report for STEPAN CO (SCL)

Role
President & CEO, Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Scott R. Behrens
Issuer symbol
SCL
Transactions as of
04 May 2023
Net transactions value
-$179,819
Form type
4
Filing time
08 May 2023, 18:24:01 UTC
Previous filing
07 Mar 2023
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Sale $45,892 -516 -3.5% $88.94 14,240 04 May 2023 Direct F2
transaction SCL Common Stock Sale $124,865 -1,384 -9.7% $90.22 12,856 04 May 2023 Direct F3
transaction SCL Common Stock Sale $9,061 -100 -0.78% $90.61 12,756 04 May 2023 Direct F1
holding SCL Common Stock 4,103 04 May 2023 By Esop II Trust F1

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 14,084 04 May 2023 Common Stock 14,084 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F2 The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $88.550 to $89.480, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
F3 The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $89.570 to $90.565, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
F4 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.
F5 Share Units convert on a one-for-one basis into Common Stock.