SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Stepan Richard Finn

(Last) (First) (Middle)
22 WEST FRONTAGE ROAD

(Street)
NORTHFIELD IL 60093

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2021
3. Issuer Name and Ticker or Trading Symbol
STEPAN CO [ SCL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
V.P. and Gen'l. Mgr., Polymers
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 210,142 D
Common Stock 860.849 I By ESOP II Trust
Common Stock 66,000 I By Trust
Common Stock 22,307 I By Spouse
Common Stock 22,407 I By Daughter
Common Stock 22,407 I By Daughter
Common Stock 22,407 I By Son
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 12/31/2020 02/20/2028 Common Stock 184 72.99 D
Performance Shares (1) (1) Common Stock 438 (1) D
Stock Appreciation Right 12/31/2020 02/20/2028 Common Stock 552 72.99 D
Stock Option (Right to Buy) 12/31/2020(2) 02/19/2029 Common Stock 376 92.29 D
Performance Shares (3) (3) Common Stock 433 (3) D
Stock Appreciation Right 12/31/2020(2) 02/19/2029 Common Stock 1,126 92.29 D
Stock Option (Right to Buy) 12/31/2020(4) 02/18/2030 Common Stock 579 102.3 D
Performance Shares (5) (5) Common Stock 391 (5) D
Stock Appreciation Right 12/31/2020(4) 02/18/2030 Common Stock 1,736 102.3 D
Explanation of Responses:
1. Each performance share represents a contingent right to receive 1 share of Stepan Company Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2020.
2. Vests ratably over two years beginning on the date shown.
3. Each performance share represents a contingent right to receive one share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2021.
4. Vests ratably over three years beginning on the date shown.
5. Each performance share represents a contingent right to receive one share of Stepan Company Common Stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2022.
/s/ Stephanie Jane Pacitti, attorney-in-fact for Richard F. Stepan 01/08/2021
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

	KNOW ALL MEN BY THESE PRESENTS, that the undersigned
 hereby constitutes and appoints each of David Gerard Kabbes,
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 18th day of December, 2020.

/s/ Richard F. Stepan



	Richard F. Stepan