STEPAN F QUINN 4
4 · STEPAN CO · Filed Feb 2, 2018
Insider Transaction Report
Form 4
STEPAN COSCL
STEPAN F QUINN
DirectorChairman10% Owner
Transactions
- Disposition to Issuer
Common Stock
2018-02-01$78.42/sh−42,113.005$3,302,502→ 274,874.152 total - Tax Payment
Common Stock
2018-02-01$78.42/sh−457.319$35,863→ 274,416.833 total - Exercise/Conversion
Share Units
2018-02-01−43,203.157→ 343,903.406 total→ Common Stock (43,203.157 underlying) - Gift
Common Stock
2017-12-18−14,178→ 273,784 total - Exercise/Conversion
Common Stock
2018-02-01+43,203.157→ 316,987.157 total
Holdings
- 102.456(indirect: By Trust)
Common Stock
- 508,655(indirect: By Partnership)
Common Stock
- 170,269(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Share Units converted on a one-for-one basis into Common Stock. The Share Units were 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]Reflects Share Units that were settled in cash pursuant to the terms of the MIP. Pursuant to the terms of the MIP, amounts deferred are distributed to MIP participants in accordance with the terms of the MIP.
- [F3]Reflects shares withheld in connection with settlement of stock-settled share units under the MIP. Pursuant to the terms of the MIP, amounts deferred are distributed to MIP participants in accordance with the terms of the MIP.
- [F4]Share Units were acquired under the MIP.
- [F5]Share Units convert on a one-for-one basis into Common Stock
- [F6]Amounts deferred into Share Units are distributed to the participant in ten installments following the end of employment.