<SEC-DOCUMENT>0001181431-11-049766.txt : 20110919
<SEC-HEADER>0001181431-11-049766.hdr.sgml : 20110919
<ACCEPTANCE-DATETIME>20110919150100
ACCESSION NUMBER:		0001181431-11-049766
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110915
FILED AS OF DATE:		20110919
DATE AS OF CHANGE:		20110919

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WOOD ROBERT JOHN
		CENTRAL INDEX KEY:			0001280011

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04462
		FILM NUMBER:		111097161

	MAIL ADDRESS:	
		STREET 1:		22 W FRONTAGE RD
		STREET 2:		C/O STEPAN CO
		CITY:			NORTHFIRLD
		STATE:			IL
		ZIP:			60093

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STEPAN CO
		CENTRAL INDEX KEY:			0000094049
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		IRS NUMBER:				361823834
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		EDENS & WINNETKA ROAD
		CITY:			NORTHFIELD
		STATE:			IL
		ZIP:			60093
		BUSINESS PHONE:		8474467500

	MAIL ADDRESS:	
		STREET 1:		EDENS & WINNETKA ROAD
		CITY:			NORTHFIELD
		STATE:			IL
		ZIP:			60093

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STEPAN CHEMICAL CO /DE/
		DATE OF NAME CHANGE:	19840108
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd322176.xml
<DESCRIPTION>ESOP, MANAGEMENT INCENTIVE 9/19/2011
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0304</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-09-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000094049</issuerCik>
        <issuerName>STEPAN CO</issuerName>
        <issuerTradingSymbol>SCL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001280011</rptOwnerCik>
            <rptOwnerName>WOOD ROBERT JOHN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>22 W. FRONTAGE ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NORTHFIELD</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60093</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>V.P. &amp; General Manager</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1000</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4644.430</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By ESOP II Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Mother</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Share Units</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2011-09-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>51.251</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>72.19</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>51.251</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14281.103</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Effective July 1, 2011, the Employee Stock Ownership Plan (&quot;ESOP&quot;) merged with and into the Employee Stock Ownership Plan II (&quot;ESOP II&quot;).  All shares previously held under ESOP and ESOP II are now reflected as indirect holdings under the ESOP II trust.  The amount reported for ESOP II in column five consists of shares that were previously reported as direct holdings, but are now reported as indirect holdings.  The amount reported for ESOP II in column five also includes 16.830 shares of common stock acquired pursuant to a dividend reinvestment feature of ESOP II.</footnote>
        <footnote id="F2">Share Units are acquired under the Management Incentive Plan Amended and Restated as of January 1, 2010 (&quot;MIP&quot;), 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.</footnote>
        <footnote id="F3">Share Units convert on a one-for-one basis into Common Stock.</footnote>
        <footnote id="F4">Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected.</footnote>
        <footnote id="F5">Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a divident equivalent feature of the MIP.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Robert John Wood</signatureName>
        <signatureDate>2011-09-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
