STEPAN CO 4
4 · STEPAN CO · Filed Feb 23, 2017
Insider Transaction Report
Form 4
STEPAN COSCL
MASON SCOTT C
Vice President, Supply Chain
Transactions
- Award
Common Stock
2017-02-23$78.91/sh+102.495$8,088→ 994.63 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2017-02-21+1,738→ 17,640 total - Award
Stock Option (Right to Buy)
2017-02-21+2,848→ 2,848 totalExercise: $78.58From: 2018-02-21Exp: 2027-02-20→ Common Stock (2,848 underlying) - Exercise/Conversion
Performance Shares
2017-02-21−1,938→ 0 total→ Common Stock (1,938 underlying) - Award
Stock Appreciation Right
2017-02-21+8,544→ 8,544 totalExercise: $78.58From: 2018-02-21Exp: 2027-02-20→ Common Stock (8,544 underlying) - Award
Performance Shares
2017-02-21+2,291→ 2,291 total→ Common Stock (2,291 underlying)
Footnotes (4)
- [F1]Amount reported reflects vesting of 1,738 performance shares as shown on Table II due to achievement of certain financial targets by December 31, 2016.
- [F2]Vests ratably over three years beginning on the date shown.
- [F3]Each performance share represents a contingent right to receive 1 share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2019.
- [F4]The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2016.