4//SEC Filing
Mergner Arthur W 4
Accession 0001127602-23-005690
CIK 0000094049other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 7:19 PM ET
Size
16.0 KB
Accession
0001127602-23-005690
Insider Transaction Report
Form 4
STEPAN COSCL
Mergner Arthur W
VP & General Manager
Transactions
- Award
Stock Appreciation Right
2023-02-14+4,271→ 4,271 totalExercise: $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 totalFrom: 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
- 87.641(indirect: By Trust)
Common Stock
- 8,593.115
Share Units
→ Common Stock (8,593.115 underlying)
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
Issuer
STEPAN CO
CIK 0000094049
Entity typeother
Related Parties
1- filerCIK 0001603410
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 7:19 PM ET
- Size
- 16.0 KB