Behrens Scott R. 4
4 · STEPAN CO · Filed Feb 16, 2024
Insider Transaction Report
Form 4
STEPAN COSCL
Behrens Scott R.
VP/GM Surfactants
Transactions
- Exercise/Conversion
Common Stock
2024-02-14$89.03/sh+2,365$210,556→ 15,254.404 total - Tax Payment
Common Stock
2024-02-14$89.03/sh−744$66,238→ 14,510.404 total - Exercise/Conversion
Restricted Stock Units
2024-02-14−2,365→ 4,731 totalFrom: 2024-02-14Exp: 2026-02-14→ Restricted Stock Units (2,365 underlying)
Holdings
- 14,258.357
Share Units
→ Common Stock (14,258.357 underlying) - 4,153.263(indirect: By Trust)
Common Stock
Footnotes (8)
- [F1]Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
- [F2]The restricted stock units ("RSUs") were settled in shares of common stock as per the terms of the award.
- [F3]Withholding of shares to satisfy tax liability on the vesting of RSUs.
- [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 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.
- [F7]Share Units convert on a one-for-one basis into Common Stock.
- [F8]Share Units are acquired under the Management Incentive Plan Amended and Restated as of January 1, 2010 ("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.