SEALED AIR CORP/DE — Director's Dealing 2015

Feb 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SEALED AIR CORP/DE (SEE)
CIK: 0001012100
Period of Report: 2015-02-16

Reporting Person: Sagnak Yagmur (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-16	Common Stock	A	34973	—	Acquired	117074	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$6.82	2020-01-11	Common Stock (69289)	69289	Direct
Stock Appreciation Rights	$6.82	2020-02-23	Common Stock (61898)	61898	Direct
Stock Appreciation Rights	$8.59	2020-12-01	Common Stock (41265)	41265	Direct

Footnotes

F1: Performance Share Unit (PSU) award for the 2012-2014 performance period.

F2: 62,361 of the Stock Appreciation Rights (SARs) vest as follows: 25% vested on 3/17/2012; 25% vested on 3/17/2013; 25% will vest on 3/17/2014; and 25% will vest on 3/17/2015. 57,164 of the SARs vest as follows: 33-1/3% vested on 1/6/2013; 33-1/3% will vest on 1/6/2014; 33-1/3% will vest on 1/6/2015.

F3: These SARs vest as follows: 25% vested on 2/23/2011 and cancelled in exchange for the merger consideration value minus the exercise price at closing and the remaining nonvested options convert to SARs and vest in equal installments on 2/23/2012, 2/23/2013 and 2/23/2014.

F4: These SARs vest as follows: 25% vested on 12/1/2011; 25% vested on 12/1/2012; 25% vest on 12/1/2013 and 25% will vest on 12/1/2014.