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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 17)*
STEPAN COMPANY
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(Name of Issuer)
COMMON STOCK $1 PAR VALUE
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(Title of Class of Securities)
858586-10-0
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(CUSIP Number)
Check the following box if a fee is being paid with this statement. [_] (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1
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CUSIP NO. 858586-10-0 13G PAGE 2 OF 4 PAGES
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
F. QUINN STEPAN
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.A.
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SOLE VOTING POWER
5
NUMBER OF 1,167,494 shares, includes 470,250 shares
under options exercisable within 60 days
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
422,139 (see item 8)
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,167,494
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
422,139
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,266,158 shares, includes shares held by spouse, and spouse and
self as trustee under the trusts for the benefit of minor children.
F. Quinn Stepan is the sole executor of the estate of Mary Louise
Stepan as of February 12, 1999. There were 264,432 common shares
of common stock and 76,872 of preferred stock held by the estate
of Mary Louise Stepan. These shares are not included in the
amount listed in item 9.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
23.3%
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TYPE OF REPORTING PERSON*
12
INDIVIDUAL
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Page 2
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Item 1(a) Name of issuer:
Stepan Company
Item 1(b) Address of issuer's principal executive offices:
22 West Frontage Road
Northfield, Illinois 60093
Item 2(a) Name of person filing:
See Item 1 of cover page
Item 2(b) Address of principal business office or, if none, residence:
Stepan Company
22 West Frontage Road
Northfield, Illinois 60093
Item 2(c) Citizenship:
See item 4 of cover page
Item 2(d) Title of class of securities:
Common
Item 2(e) CUSIP number:
858586-10-0
Item 3 Ownership
(a) Amount beneficially owned:
See Item 9 of cover page
(b) Percent of Class:
See Item 11 of cover page
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote
See Item 5 of cover page
(ii) Shares power to vote or direct the vote -
See Item 6 of cover page
(iii) Sole power to dispose or direct the disposition of
See Item 7 of cover page
(iv) Shares power to dispose or direct the disposition of:
See Item 8 of cover page
Item 5 Ownership of five percent or less of a class:
Not applicable
Item 6 Ownership of more than five percent on behalf of another person:
Of the shares reported herein, F. Quinn Stepan and Paul H.
Stepan, as the general partners of Stepan Venture I, an Illinois
limited partnership, which in turn is the sole general partner of
Stepan Venture II, an Illinois limited partnership, have over
422,139 of the issuer's common shares owned by
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Stepan Venture II.
Item 7 Identification and classification of the subsidiary which
acquired the security being reported on by the parent holding
company:
Not applicable
Item 8 Identification and classification of members of the group.
Not applicable
Item 9 Notice of dissolution of group:
Not applicable
Item 10 Certification:
Not applicable
Signature - After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
February 12, 1999
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Dated Signature
F. Quinn Stepan
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Name
