Form 4 for SCL STEPAN CO
Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-15 · accession 0001127602-22-005625 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-17 | 2022-02-15 | SCL | Behrens Scott R. | Pres, COO | M - OptEx | — | +3,176 | 14.5K | +28% | — |
| DI | 2022-02-17 | 2022-02-16 | SCL | Behrens Scott R. | Pres, COO | A - Grant | $111.26 | +76.79 | 3,943 | +2% | +$8,544 |
| DM | 2022-02-17 | 2022-02-16 | SCL | Behrens Scott R. | Pres, COO | A - Grant | $4.32 | +31.8K | 5,393 | New | +$137.7K |
| D | 2022-02-17 | 2022-02-15 | SCL | Behrens Scott R. | Pres, COO | M - OptEx | — | -2,601 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-15 | M | A | 3,176 | — | 14,509.20 | D By Esop II Trust | — | — | (F1) The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2021. (F2) Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report. |
| 2 | Common | Common Stock | 2022-02-16 | A | A | 76.79 | $111.26 | 3,942.65 | I | — | — | (F2) Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report. |
| 3 | Derivative | Stock Appreciation Right | 2022-02-16 | A | A | 25,217 | $0.00 | 25,217 | D | $111.26 · 2022-12-31 to 2032-02-15 | 25,217 Common Stock | (F3) Vests ratably over three years beginning on the date shown. |
| 4 | Derivative | Performance Shares | 2022-02-15 | M | D | 2,601 | — | 0 | D | — · — to — | 2,601 Common Stock | (F1) The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2021. |
| 5 | Derivative | Share Units | 2022-02-16 | A | A | 1,237.54 | $111.26 | 10,386.44 | D | — · — to — | 1,237.54 Common Stock | (F5) 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. (F2) Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report. (F6) Share Units convert on a one-for-one basis into Common Stock. |
| 6 | Derivative | Performance Shares | 2022-02-16 | A | A | 5,393 | $0.00 | 5,393 | D | — · — to — | 5,393 Common Stock | (F4) Each performance share represents a contingent right to receive 1 share of Stepan Company Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2024. |