SEC Form 4 · accession 0001127602-16-046427
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 14, 2016
Accepted (ET)
Mar 16, 2016 · 10:39 am 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 7, 2016 | G | 108,660 | $0.00 | D | 448,045 | D | |
| Common StockF1,F2 | Mar 7, 2016 | G | 108,660 | $0.00 | A | 199,042 | I | By GRAT |
| Common Stock | Mar 14, 2016 | F | 29,975 | $46.54 | D | 418,070 | D | |
| Common StockF3 | Mar 14, 2016 | A | 57,451 | — | A | 475,521 | D | |
| Common StockF4 | holding | — | — | — | 2,041 | I | Profit-Sharing Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 7, 2016, 108,660 shares of common stock were transferred to a grantor retained annuity trust for the benefit of Mr. Peribere and his five children.
- F2Held by grantor retained annuity trusts for the benefit of Mr. Peribere and his five children.
- F3Award made under the Stock Leverage Opportunity feature of the 2014 Omnibus Incentive Plan.
- F4Reflects unit/share adjustments to the reporting person's holdings under the Sealed Air Corporation Profit-Sharing Plan, a tax conditioned plan.