Richard F. Stepan - 04 Mar 2024 Form 4 Insider Report for STEPAN CO (SCL)

Signature
/s/ Stephanie Jane Pacitti, attorney-in-fact for Richard F. Stepan
Issuer symbol
SCL
Transactions as of
04 Mar 2024
Net transactions value
$0
Form type
4
Filing time
06 Mar 2024, 19:09:24 UTC
Previous filing
27 Feb 2024
Next filing
11 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Gift $0 +189 +0.09% $0.000000 218,436 05 Mar 2024 Direct
transaction SCL Common Stock Gift $0 +189 +3.8% $0.000000 5,174 05 Mar 2024 By Spouse
transaction SCL Common Stock Gift $0 +504 +1.2% $0.000000 43,439 05 Mar 2024 By Daughter
transaction SCL Common Stock Gift $0 +504 +1.2% $0.000000 43,439 05 Mar 2024 By Daughter
transaction SCL Common Stock Gift $0 +504 +1.2% $0.000000 43,439 05 Mar 2024 By Son

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 +2,572 $0.000000 2,572 04 Mar 2024 Common Stock 2,572 Direct F1, F2
transaction SCL Restricted Stock Units Award $0 +1,286 $0.000000 1,286 04 Mar 2024 Restricted Stock Units 1,286 Direct F3, F4
transaction SCL Stock Appreciation Right Award $0 +3,513 $0.000000 3,513 04 Mar 2024 Common Stock 3,513 $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.