STEPAN CO 4
4 · STEPAN CO · Filed Mar 17, 2014
Insider Transaction Report
Form 4
STEPAN COSCL
Wynn H Edward
VP, Gen'l Counsel & Secretary
Transactions
- Award
Share Units
2014-03-14$62.24/sh+24.412$1,519→ 8,962.246 total→ Common Stock (24.412 underlying) - Award
Common Stock
2014-03-14$62.24/sh+36.676$2,283→ 13,464.479 total
Holdings
- 1,344.168(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan.
- [F2]Reflects ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings.
- [F3]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.
- [F4]Share Units convert on a one-for-one basis into Common Stock.
- [F5]Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.
- [F6]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.