Mergner Arthur W 4

4 · STEPAN CO · Filed Feb 16, 2023

Form 4

Period: 2023-02-14

VP & General Manager

Transactions

Award
Stock Appreciation Right
2023-02-14+4,271→ 4,271 total
Exercise: $109.92From: 2024-02-14Exp: 2033-02-14→ Common Stock (4,271 underlying)
Exercise/Conversion
Common Stock
2023-02-14+3,833→ 27,426.683 total
Exercise/Conversion
Performance Shares
2023-02-14−2,346→ 0 total
→ Common Stock (2,346 underlying)
Award
Restricted Stock Units
2023-02-14+1,535→ 1,535 total
From: 2024-02-14Exp: 2026-02-14→ Restricted Stock Units (1,535 underlying)
Award
Performance Shares
2023-02-14+3,070→ 3,070 total
→ Common Stock (3,070 underlying)

Holdings

Footnotes (7)

[F1]The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2022.
[F2]Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
[F3]Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2025.
[F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
[F5]Vests ratably over three years beginning on the date shown.
[F6]Share Units convert on a one-for-one basis into Common Stock.
[F7]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.

Documents

1 file