F. Quinn Stepan Jr - Jul 31, 2023 Form 4 Insider Report for STEPAN CO (SCL)

Role: Director
Signature: /s/ Stephanie J. Pacitti, Attorney-in-Fact for F. Quinn Stepan, Jr.
Stock symbol: SCL
Transactions as of: Jul 31, 2023
Transactions value $: -$519,448
Form type: 4
Date filed: 8/2/2023, 01:53 PM
Previous filing: Apr 27, 2023
Next filing: Nov 2, 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	Options Exercise	$79.6K	+1.29K	+0.52%	$61.91	250K	Jul 31, 2023	Direct
transaction	SCL	Common Stock	Options Exercise	$263K	+6.38K	+2.56%	$41.16	256K	Jul 31, 2023	Direct
transaction	SCL	Common Stock	Sale	-$488K	-5.17K	-2.02%	$94.47	251K	Jul 31, 2023	Direct	F3
transaction	SCL	Common Stock	Sale	-$238K	-2.5K	-1%	$95.34	248K	Jul 31, 2023	Direct	F4
transaction	SCL	Common Stock	Options Exercise	$103K	+2.5K	+1.01%	$41.16	251K	Aug 1, 2023	Direct
transaction	SCL	Common Stock	Sale	-$238K	-2.5K	-1%	$95.23	248K	Aug 1, 2023	Direct	F1
holding	SCL	Common Stock						91	Jul 31, 2023	By Esop II Trust	F1
holding	SCL	Common Stock						17.5K	Jul 31, 2023	By Family Trust III	F2

Showing 1 to 8 of 8 entries

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	-1.29K	-100%	$0.00^*	0	Jul 31, 2023	Common Stock	1.29K	$61.91	Direct
transaction	SCL	Employee Stock Option (Right to Buy)	Options Exercise	$0	-6.38K	-22.1%	$0.00	22.5K	Jul 31, 2023	Common Stock	6.38K	$41.16	Direct
transaction	SCL	Employee Stock Option (Right to Buy)	Options Exercise	$0	-2.5K	-11.11%	$0.00	20K	Aug 1, 2023	Common Stock	2.5K	$41.16	Direct
holding	SCL	Share Units						91.3K	Jul 31, 2023	Common Stock	91.3K		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.