X0303 5 2009-12-31 1 0 1 0000094056 STEPHAN CO TSC 0001014424 BARONE RICHARD A ONE CHAGRIN HIGHLANDS 2000 AUBURN DRIVE SUITE 300 CLEVELAND OH 44122 1 0 0 0 Shares of Common Stock 107601 I By Merlin Partners, LP Shares of Common Stock 2009-12-08 4 S 0 L 10000 2.7 D 0 I By Ancora Partners, LLC Shares of Common Stock 2009-12-08 4 P 0 L 10000 2.7 A 50000 D Options to Buy 3.99 2006-09-29 2010-09-29 Common Stock 5062 5062 D Options to Buy 3.15 2007-06-30 2011-06-30 Common Stock 5062 10124 D Options to Buy 3.8 2007-06-30 5 A 0 L 5062 3.8 A 2008-06-30 2012-06-30 Common Stock 5062 15186 D Options to Buy 3.18 2008-06-30 5 A 0 L 5062 3.18 A 2009-06-30 2013-06-30 Common Stock 5062 20248 D Options to Buy 2.4 2009-06-30 5 A 0 L 5062 2.4 A 2010-06-30 2014-06-30 Common Stock 5062 5062 I Options to Buy (which have not vested) Mr. Barone is the majority owner of Ancora Advisors, LLC, which is General Partner of Merlin Partners, LP. Further Mr. Barone is the Managing Partner of Ancora Partners, LLC, which is an affiliate of Ancora Advisors, LLC. Reported shares do not include shares held by accounts managed by Mr. Barone that are charged a management fee only. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Due to Issuer filing Form 15 on 12/28/2009, Reporting Person no longer subject to Section 16 vis a vis Issuer. /s/ Richard A. Barone 2010-02-17