F. Quinn Stepan Jr. - 31 Jul 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
31 Jul 2023
Net transactions value
-$519,448
Form type
4
Filing time
02 Aug 2023, 13:53:57 UTC
Previous filing
27 Apr 2023
Next filing
02 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $79,554 +1,285 +0.52% $61.91 249,517 31 Jul 2023 Direct
transaction SCL Common Stock Options Exercise $262,724 +6,383 +2.6% $41.16 255,900 31 Jul 2023 Direct
transaction SCL Common Stock Sale $488,199 -5,168 -2% $94.47 250,732 31 Jul 2023 Direct F3
transaction SCL Common Stock Sale $238,352 -2,500 -1% $95.34 248,232 31 Jul 2023 Direct F4
transaction SCL Common Stock Options Exercise $102,900 +2,500 +1% $41.16 250,732 01 Aug 2023 Direct
transaction SCL Common Stock Sale $238,075 -2,500 -1% $95.23 248,232 01 Aug 2023 Direct F1
holding SCL Common Stock 91 31 Jul 2023 By Esop II Trust F1
holding SCL Common Stock 17,464 31 Jul 2023 By Family Trust III 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 Employee Stock Option (Right to Buy) Options Exercise $0 -1,285 -100% $0.000000* 0 31 Jul 2023 Common Stock 1,285 $61.91 Direct
transaction SCL Employee Stock Option (Right to Buy) Options Exercise $0 -6,383 -22% $0.000000 22,500 31 Jul 2023 Common Stock 6,383 $41.16 Direct
transaction SCL Employee Stock Option (Right to Buy) Options Exercise $0 -2,500 -11% $0.000000 20,000 01 Aug 2023 Common Stock 2,500 $41.16 Direct
holding SCL Share Units 91,284 31 Jul 2023 Common Stock 91,284 Direct F1, F5, F6, F7
* 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 Reflects the transfer of 2,532 shares of Stepan common stock from Family Trust III (of which the reporting person is trustee) to a different family trust. The reporting person is neither the trustee nor a beneficiary of the family trust to which the shares were transferred.
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 $94.05 to $94.685, 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 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 $95.17 to $95.51, 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.
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.