SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* STEPAN F QUINN JR (Last) (First) (Middle) 22 W. FRONTAGE ROAD (Street) NORTHFIELD IL 60093 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol STEPAN CO [ SCL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chairman, President & CEO
	3. Date of Earliest Transaction (Month/Day/Year) 03/02/2018
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2018		G	V	11,834	D	$0	108,608(1)	D(2)
Common Stock	03/02/2018		M		10,000	A	$37.51	163,404.634(1)	D
Common Stock	03/02/2018		S		10,000	D	$79.814(3)	153,404.634	D
Common Stock	03/06/2018		G	V	1,936	D	$0	106,672	D(2)
Common Stock	03/05/2018		M		10,000	A	$37.51	163,404.634	D
Common Stock	03/05/2018		S		5,000	D	$80.952(4)	158,404.634	D
Common Stock	03/05/2018		S		4,472	D	$81.814(5)	153,932.634	D
Common Stock	03/05/2018		S		528	D	$82.705(6)	153,404.634	D
Common Stock	03/06/2018		M		10,000	A	$37.51	163,404.634	D
Common Stock	03/06/2018		S		10,000	D	$82.689(7)	153,404.634	D
Common Stock	03/06/2018		M		5,766	A	$37.51	159,170.634	D
Common Stock	03/06/2018		S		5,766	D	$83.784(8)	153,404.634	D
Common Stock								11,066.432	I	By Esop II Trust
Common Stock								160,000	I	By Family LLC(9)
Common Stock								48,000	I	By Family Trust(9)
Common Stock								54,978	I	By Family Trust III
Common Stock								40,000	I	By Family Trust IV(9)
Common Stock								0(1)	I	By Spouse
Common Stock								401,210	I	Member Of Plan Committee Of Stepan Company

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$37.51	03/02/2018		M			10,000	02/07/2013	02/06/2019	Common Stock	10,000	$0	25,766	D
Employee Stock Option (Right to Buy)	$37.51	03/05/2018		M			10,000	02/07/2013	02/06/2019	Common Stock	10,000	$0	15,766	D
Employee Stock Option (Right to Buy)	$37.51	03/06/2018		M			15,766	02/07/2013	02/06/2019	Common Stock	15,766	$0	0	D

Explanation of Responses:

1. Prior to the gift transfer, the reporting person and his spouse transferred 15,074 shares of Common Stock and 945 shares of Common Stock, respectively, from their individual accounts into their Joint Tenancy account.

2. Joint Tenancy with Spouse.

3. The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $79.62 to $80.06, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

4. The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $80.47 to $81.08, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

5. The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $81.50 to $82.37, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

6. The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $82.55 to $82.735, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

7. The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $82.29 to $83.25, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

8. The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $83.39 to $84.108, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

9. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose.

	/s/ Matthew M. Rice, attorney-in-fact for F. Quinn Stepan, Jr.	03/06/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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