<SEC-DOCUMENT>0001127602-18-035238.txt : 20181204
<SEC-HEADER>0001127602-18-035238.hdr.sgml : 20181204
<ACCEPTANCE-DATETIME>20181204190945
ACCESSION NUMBER:		0001127602-18-035238
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181130
FILED AS OF DATE:		20181204
DATE AS OF CHANGE:		20181204

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Slone Robert Victor
		CENTRAL INDEX KEY:			0001680156

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04462
		FILM NUMBER:		181218266

	MAIL ADDRESS:	
		STREET 1:		22 WEST FRONTAGE ROAD
		CITY:			NORTHFIELD
		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
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<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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        <issuerTradingSymbol>SCL</issuerTradingSymbol>
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            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <officerTitle>VP Chief Tech &amp; Sustainability</officerTitle>
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                <natureOfOwnership>
                    <value>By Esop II Trust</value>
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                <value>2015-11-04</value>
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            <expirationDate>
                <value>2023-11-03</value>
            </expirationDate>
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                <underlyingSecurityTitle>
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        <derivativeTransaction>
            <securityTitle>
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                    <value>0</value>
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                    <value>D</value>
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            <exerciseDate>
                <value>2018-07-19</value>
            </exerciseDate>
            <expirationDate>
                <value>2026-07-18</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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            <securityTitle>
                <value>Stock Appreciation Right</value>
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                <value>2018-11-30</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F4"/>
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                <transactionShares>
                    <value>1392</value>
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                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <exerciseDate>
                <value>2018-02-21</value>
            </exerciseDate>
            <expirationDate>
                <value>2027-02-20</value>
            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1392</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>2786</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Appreciation Right</value>
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            <conversionOrExercisePrice>
                <value>43.85</value>
            </conversionOrExercisePrice>
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                <value>2018-11-30</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
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                <transactionShares>
                    <value>3832</value>
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                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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            <exerciseDate>
                <value>2018-02-23</value>
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            <expirationDate>
                <value>2026-02-22</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3832</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>0</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Stock Appreciation Rights (&quot;SARs&quot;) were settled in cash pursuant to the terms of the award.  For reporting purposes, however, the transaction is deemed to be a simultaneous acquisition and disposition of the underlying common stock and is reflected as such in this report.</footnote>
        <footnote id="F2">Deemed disposition of underlying common stock to the issuer in an amount equal to the conversion price of the SARs.</footnote>
        <footnote id="F3">Withholding of shares to satisfy tax liability on exercise of SARs.</footnote>
        <footnote id="F4">The SARs were settled in shares of common stock as per the terms of the award.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stephanie Jane Pacitti, Attorney-in-Fact for Robert V. Slone</signatureName>
        <signatureDate>2018-12-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>doc1.htm
<DESCRIPTION>POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY
<TEXT>
<html>
<head>
<title>Power of Attorney</title>
</head>
<body>
<pre>
POWER OF ATTORNEY

	KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints each of Brian William Bichkoff and Stephanie Jane Pacitti, signing singly, as the undersigned?s true and lawful authorized representatives and attorneys-in-fact to:

(1)	execute for and on behalf of the undersigned, in the undersigned?s capacity as an executive officer of Stepan Company (?the Company?), Forms 3, 4 and 5, and any and all amendments thereto, in accordance with Section 16 of the Securities Exchange Act of 1934, as amended (the ?1934 Act?), and the rules and regulations promulgated thereunder;

(2)	do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete the execution of any such form or schedule and the timely filing of such form or schedule with the United States Securities and Exchange Commission and any stock exchange or stock market or other authority; and

(3)	take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorneys-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorneys-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorneys-in-fact may approve in such attorneys-in-fact?s discretion.

	The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorneys-in-fact, or such attorneys-in-fact?s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming any of the undersigned?s responsibilities to comply with Section 16 or any other provision of the 1934 Act.

	This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned?s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 3rd day of December, 2018.


		/s/ Robert V. Slone
		Robert V. Slone

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