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SEALED AIR CORP/DE — Director's Dealing 2010
May 19, 2010
31001_dirs_2010-05-19_493f1616-f191-4e6d-a5c1-7a7d87c465b8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SEALED AIR CORP/DE (SEE)
CIK: 0001012100
Period of Report: 2010-05-19
Reporting Person: FARRELL CHARLES F JR (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-19 | Stock Units | $ | A | 2500 | Acquired | Common Stock (2500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5173 | Direct |
| Common Stock | 4226 | Indirect |
Footnotes
F1: 1-for-1
F2: Award made under 2002 Stock Plan for Non-Employee Directors of Sealed Air Corporation. The Reporting Person has elected to defer receipt of the retainer payable in shares of common stock of Sealed Air Corporation ("Common Stock") under Sealed Air Corporation's Deferred Compensation Plan for Directors.
F3: The units are to be settled in shares of Common Stock (with certain exceptions specified in the Corporation's Deferred Compensation Plan for Directors) following the reporting person's retirement from the Board of Directors.