Schedule 13G/Amendment No. 17

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 17)*

 

 

STEPAN COMPANY

 

(Name of Issuer)

5 1/2% Convertible Preferred

 

(Title of Class of Securities)

 

 

858586-20-9

                                (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).

CUSIP NO. 858586-20-9   13G   PAGE 2 OF 5 PAGES

 

  1  

NAME OF REPORTING PERSON

S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

            JOHN A. STEPAN

    
  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ¨

(b)  ¨

    
  3  

SEC USE ONLY

 

    
  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

             U.S.A.

    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

  

  5    SOLE VOTING POWER

 

                76,872

  6    SHARED VOTING POWER

 

                 

  7    SOLE DISPOSITIVE POWER

 

                76,872

  8    SHARED DISPOSITIVE POWER

 

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

             76,872

    
10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

¨

    
11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

             14.0%

    
12  

TYPE OF REPORTING PERSON*

 

             INDIVIDUAL

    

 

Page 2

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:

 

5 1/2 percent Convertible Preferred

      

Item 2

  

(e)

   

CUSIP number:

 

858586-20-9

      

 

Page 3

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:

 

Not applicable

      

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

 

Page 4

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, 2010  

/s/    John A. Stepan

Dated   Signature
 

John A. Stepan

  Name
 

 

Page 5