David Kabbes - Feb 16, 2022 Form 4 Insider Report for STEPAN CO (SCL)

Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for David G. Kabbes
Stock symbol
SCL
Transactions as of
Feb 16, 2022
Transactions value $
$8,543
Form type
4
Date filed
2/18/2022, 12:05 PM
Previous filing
Feb 17, 2022
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Award $8.54K +76.8 +59.81% $111.26 205 Feb 16, 2022 By ESOP II Trust F1

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 Stock Appreciation Right Award $0 +10.1K $0.00 10.1K Feb 16, 2022 Common Stock 10.1K $111.26 Direct F2
transaction SCL Performance Shares Award $0 +2.16K $0.00 2.16K Feb 16, 2022 Common Stock 2.16K Direct F3
* 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 Vests ratably over three years beginning on date shown.
F3 Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2024.