SEC Form 4 · accession 0001127602-15-011346
SEALED AIR CORP/DE · SEE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome A Peribere
Officer — President and CEO · Director
Period of report
Mar 13, 2015
Accepted (ET)
Mar 16, 2015 · 2:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001012100
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 13, 2015 | A | 101,453 | — | A | 366,450 | D | |
| Common StockF2 | holding | — | — | — | 13,096 | I | By GRAT | |
| Common StockF3 | holding | — | — | — | 1,562 | I | Profit-Sharing Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award made under the Stock Leverage Opportunity feature of the 2014 Omnibus Incentive Plan.
- F2On November 19, 2014 a grantor retained annuity trust for the benefit of Mr. Peribere and his five children purchased 13,096 shares at an average price of $38.17241. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $38.09 to $38.25, inclusive. The reporting person undertakes to provide to Sealed Air Corporation, any security holder of Sealed Air Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Reflects unit/share adjustments to the reporting person's holdings under the Sealed Air Corporation Profit-Sharing Plan, a tax conditioned plan.