STEPAN CO

Ticker: SCL CUSIP: 858586100 Class: Common Stock

Spark Investment Management LLC's Holding History (CIK: 0001554871)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 4,300 Value ($000) $339 Avg Close $82.11 Range $77.79 - $89.18

Q3 2017

Shares 4,300 Value ($000) $359 Avg Close $82.22 Range $75.36 - $92.97

Q2 2017

Shares 12,800 Value ($000) $1,115 Avg Close $84.09 Range $75.38 - $90.66

Q1 2017

Shares 19,591 Value ($000) $1,543 Avg Close $78.04 Range $68.51 - $82.93

Q3 2015

Shares 12,400 Value ($000) $515 Avg Close $46.57 Range $40.49 - $55.67

Q2 2015

Shares 12,400 Value ($000) $670 Avg Close $49.34 Range $41.34 - $55.22

Q1 2015

Shares 5,800 Value ($000) $241 Avg Close $39.81 Range $37.20 - $41.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	4,300	$339	$82.11	$77.79 - $89.18
Q3 2017	4,300	$359	$82.22	$75.36 - $92.97
Q2 2017	12,800	$1,115	$84.09	$75.38 - $90.66
Q1 2017	19,591	$1,543	$78.04	$68.51 - $82.93
Q3 2015	12,400	$515	$46.57	$40.49 - $55.67
Q2 2015	12,400	$670	$49.34	$41.34 - $55.22
Q1 2015	5,800	$241	$39.81	$37.20 - $41.80