Scott R. Behrens - 15 Jun 2021 Form 4 Insider Report for STEPAN CO (SCL)

Role: President & COO
Signature: /s/ Stephanie J. Pacitti, Attorney-in-Fact for Scott R. Behrens
Issuer symbol: SCL
Transactions as of: 15 Jun 2021
Transactions value $: $5,972
Form type: 4
Date filed: 16 Jun 2021, 14:53
Previous filing: 11 May 2021
Next filing: 17 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCL	Common Stock	Award	$3.2K	+24.5	+0.22%	$130.87	11.3K	15 Jun 2021	Direct	F1
holding	SCL	Common Stock						3.84K	15 Jun 2021	By Esop II Trust	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	Share Units	Award	$2.77K	+21.2	+0.23%	$130.87	9.1K	15 Jun 2021	Common Stock	21.2		Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan.
F2	Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II transactions.
F3	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.
F4	Share Units convert on a one-for-one basis into Common Stock.
F5	Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.