STEPAN F QUINN 4
4 · STEPAN CO · Filed Dec 19, 2017
Insider Transaction Report
Form 4
STEPAN COSCL
STEPAN F QUINN
DirectorChairman10% Owner
Transactions
- Award
Share Units
2017-12-15$79.84/sh+1,087.854$86,854→ 387,106.563 total→ Common Stock (1,087.854 underlying)
Footnotes (4)
- [F1]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]Share Units convert on a one-for-one basis into Common Stock
- [F3]Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
- [F4]Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.