X0306 4 2015-09-15 0 0000094049 STEPAN CO SCL 0001351355 Servatius Gregory 22 W. FRONTAGE ROAD NORTHFIELD IL 60093 0 1 0 0 VP of Human Resources Common Stock 2015-09-15 4 A 0 79.945 40.58 A 23541.16 D Common Stock 11451.472 I By ESOP II Trust Common Stock 498941 I Member of Plan Committee of Stepan Company Share Units 2015-09-15 4 A 0 28.896 40.58 A Common Stock 28.896 6543.181 D Reflects acquisition of deferred share units under the Performance Award Deferred Compensation Plan ("Plan") pursuant to a dividend equivalent feature of the Plan. Due to a prior administrative error, the shares reported in Column 5 of Table I on the Reporting Person's last ownership report filed on June 16, 2015, were overstated by 200 shares. The amount reported on this report reflects the correct amount of shares owned for ESOP II acquisitions that have occurred since the Reporting Person's last ownership report covering ESOP II holdings. Share Units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), 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. Share Units convert on a one-for-one basis into Common Stock. Reflects acquisition of Share Units pursuant to a dividend equivalent feature of the MIP, generally payable at end of employment, unless otherwise elected. Price reported is the price of Common Stock on the date the dividend equivalents are payable pursuant to a dividend equivalent feature of the MIP. Greg Servatius 2015-09-17