Form 4 for SCL STEPAN CO
Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-15 · accession 0001127602-22-005700 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-02-18 | 2022-02-16 | SCL | Mergner Arthur W | EVP, Supply Chain | A - Grant | $111.26 | +76.79 | 86.46 | +794% | +$8,544 |
| D | 2022-02-18 | 2022-02-15 | SCL | Mergner Arthur W | EVP, Supply Chain | M - OptEx | — | +3,176 | 23.3K | +16% | — |
| DM | 2022-02-18 | 2022-02-16 | SCL | Mergner Arthur W | EVP, Supply Chain | A - Grant | $0.00 | +13.8K | 11.3K | New | $0 |
| D | 2022-02-18 | 2022-02-15 | SCL | Mergner Arthur W | EVP, Supply Chain | 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 | 2022-02-16 | A | A | 76.79 | $111.26 | 86.46 | I | — | — | (F2) Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report. (F3) Since the date of the reporting person's last ownership report, the reporting person has disposed of 3,474.717 shares held in his ESOP pursuant to a diversification election made under the Internal Revenue Code. |
| 2 | Common | Common Stock | 2022-02-15 | M | A | 3,176 | — | 23,285.02 | 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. |
| 3 | Derivative | Performance Shares | 2022-02-16 | A | A | 2,427 | $0.00 | 2,427 | D | — · — to — | 2,427 Common Stock | (F5) 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. |
| 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 | Stock Appreciation Right | 2022-02-16 | A | A | 11,348 | $0.00 | 11,348 | D | $111.26 · 2022-12-31 to 2032-02-15 | 11,348 Common Stock | (F4) Vests ratably over three years beginning on the date shown. |