Sharon Purnell - 04 Mar 2024 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP & CHRO
Signature
Stephanie J. Pacitti, attorney-in-fact for Sharon Purnell
Issuer symbol
SCL
Transactions as of
04 Mar 2024
Net transactions value
$0
Form type
4
Filing time
06 Mar 2024, 18:26:40 UTC
Previous filing
27 Feb 2024
Next filing
25 Feb 2025
SEC
View on sec.gov

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 Performance Shares Award $0 +1,714 $0.000000 1,714 04 Mar 2024 Common Stock 1,714 Direct F1, F2
transaction SCL Restricted Stock Awards Award $0 +857 $0.000000 857 04 Mar 2024 Common Stock 857 Direct F3, F4
transaction SCL Stock Appreciation Right Award $0 +2,342 $0.000000 2,342 04 Mar 2024 Common Stock 2,342 $87.50 Direct F4
* 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.
F2 The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2026.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F4 Vests ratably over three years beginning on the date shown.