Servatius Gregory 4
4 · STEPAN CO · Filed Mar 19, 2018
Insider Transaction Report
Form 4
STEPAN COSCL
Servatius Gregory
VP of Human Resources
Transactions
- Award
Share Units
2018-03-15$84.24/sh+17.934$1,511→ 6,732.252 total→ Common Stock (17.934 underlying) - Award
Common Stock
2018-03-15$84.24/sh+49.617$4,180→ 21,758.268 total
Holdings
- 4,595.793(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan.
- [F2]Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings.
- [F3]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.
- [F4]Share Units convert on a one-for-one basis into Common Stock.
- [F5]Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
- [F6]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.