Home/Filings/4/0001127602-23-016768
4//SEC Filing

Mergner Arthur W 4

Accession 0001127602-23-016768

CIK 0000094049other

Filed

May 23, 8:00 PM ET

Accepted

May 24, 5:55 PM ET

Size

13.9 KB

Accession

0001127602-23-016768

Insider Transaction Report

Form 4
Period: 2023-05-23
Mergner Arthur W
VP & General Manager
Transactions
  • Exercise/Conversion

    Stock Appreciation Right

    2023-05-236,2620 total
    Exercise: $43.85From: 2018-02-23Exp: 2026-02-22Common Stock (6,262 underlying)
  • Exercise/Conversion

    Common Stock

    2023-05-23$43.85/sh+6,262$274,58933,778.39 total
  • Tax Payment

    Common Stock

    2023-05-23$98.01/sh1,464$143,48729,512.39 total
  • Disposition to Issuer

    Common Stock

    2023-05-23$98.01/sh2,802$274,62430,976.39 total
  • Sale

    Common Stock

    2023-05-23$98.23/sh1,996$196,06727,516.39 total
Holdings
  • Common Stock

    (indirect: By Trust)
    178.63
  • Share Units

    Common Stock (8,625.787 underlying)
    8,625.787
Footnotes (6)
  • [F1]Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
  • [F2]The stock appreciation rights ("SARs") were settled in shares of common stock as per the terms of the award.
  • [F3]Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.
  • [F4]Withholding of shares to satisfy tax liability on exercise of SARs.
  • [F5]Share Units convert on a one-for-one basis into Common Stock.
  • [F6]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.

Issuer

STEPAN CO

CIK 0000094049

Entity typeother

Related Parties

1
  • filerCIK 0001603410

Filing Metadata

Form type
4
Filed
May 23, 8:00 PM ET
Accepted
May 24, 5:55 PM ET
Size
13.9 KB