STEPAN CO 4
4 · STEPAN CO · Filed Jun 17, 2013
Insider Transaction Report
Form 4
STEPAN COSCL
WOOD ROBERT JOHN
V.P. & General Manager
Transactions
- Award
Share Units
2013-06-14$54.45/sh+85.483$4,655→ 29,176.636 total→ Common Stock (85.483 underlying)
Footnotes (4)
- [F1]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.
- [F2]Share Units convert on a one-for-one basis into Common Stock.
- [F3]Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
- [F4]Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP.