Samuel S. Hinrichsen - 29 Oct 2024 Form 3 Insider Report for STEPAN CO (SCL)

Role
VP & Interim CFO
Signature
/s/ Stephanie J. Pacitti, attorney-in-fact for Samuel S. Hinrichsen
Issuer symbol
SCL
Transactions as of
29 Oct 2024
Net transactions value
$0
Form type
3
Filing time
08 Nov 2024, 10:26:04 UTC
Next filing
03 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SCL Common Stock 189 29 Oct 2024 Direct
holding SCL Common Stock 318 29 Oct 2024 By ESOP II Trust

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 29 Oct 2024 Common Stock 180 Direct F1, F2
holding SCL Restricted Stock Units 29 Oct 2024 Restricted Stock Units 180 Direct F3, F4
holding SCL Stock Appreciation Right 29 Oct 2024 Common Stock 560 $111.26 Direct F3
holding SCL Restricted Stock Units 29 Oct 2024 Restricted Stock Units 136 Direct F3, F4
holding SCL Stock Appreciation Right 29 Oct 2024 Common Stock 380 $109.92 Direct F3
holding SCL Performance Shares 29 Oct 2024 Common Stock 343 Direct F2, F5
holding SCL Restricted Stock Units 29 Oct 2024 Restricted Stock Units 171 Direct F3, F4
holding SCL Stock Appreciation Right 29 Oct 2024 Common Stock 468 $87.50 Direct F3
holding SCL Share Units 29 Oct 2024 Common Stock 106 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2024.
F2 Each performance share represents a contingent right to receive one share of Stepan Company common stock.
F3 Vests ratably over three years beginning on the date shown.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F5 The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2026.
F6 Share Units are acquired under the Management Incentive Plan (as amended) ("MIP"), a nonqualified deferred compensation plan that allows participants to elect to defer all or a portion of their annual incentive awards into Stepan Company Common Stock.
F7 Share Units convert on a one-for-one basis into Common Stock.