Purnell Sharon 4
4 · STEPAN CO · Filed Mar 6, 2024
Insider Transaction Report
Form 4
STEPAN COSCL
Purnell Sharon
VP & CHRO
Transactions
- Award
Performance Shares
2024-03-04+1,714→ 1,714 total→ Common Stock (1,714 underlying) - Award
Restricted Stock Awards
2024-03-04+857→ 857 totalFrom: 2025-03-04Exp: 2027-03-04→ Common Stock (857 underlying) - Award
Stock Appreciation Right
2024-03-04+2,342→ 2,342 totalExercise: $87.50From: 2025-03-04Exp: 2034-03-04→ Common Stock (2,342 underlying)
Footnotes (4)
- [F1]Each performance share represents a contingent right to receive one share of Stepan Company common stock.
- [F2]The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2026.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
- [F4]Vests ratably over three years beginning on the date shown.