STEPAN F QUINN 4
4 · STEPAN CO · Filed Sep 18, 2018
Insider Transaction Report
Form 4
STEPAN COSCL
STEPAN F QUINN
DirectorChairman10% Owner
Transactions
- Award
Share Units
2018-09-14$89.74/sh+867.116$77,815→ 346,711.536 total→ Common Stock (867.116 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 Plan, 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.