SEC Form 4 · accession 0001127602-17-018079
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 22, 2017
Accepted (ET)
May 15, 2017 · 4:48 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 Stock | Mar 22, 2017 | G | 403,585 | $0.00 | D | 199,000 | D | |
| Common StockF1 | Mar 22, 2017 | G | 403,585 | $0.00 | A | 517,333 | I | By Revocable Trust |
| Common Stock | Mar 23, 2017 | G | 26,150 | $0.00 | D | 172,850 | D | |
| Common StockF1 | Mar 23, 2017 | G | 26,150 | $0.00 | A | 543,483 | I | By Revocable Trust |
| Common StockF1 | Mar 27, 2017 | G | 471,612 | $0.00 | D | 71,871 | I | By Revocable Trust |
| Common StockF2 | Mar 27, 2017 | G | 471,612 | $0.00 | A | 739,637 | I | By GRAT |
| Common StockF2 | Apr 18, 2017 | G | 46,269 | $0.00 | D | 693,368 | I | By GRAT |
| Common StockF1 | Apr 18, 2017 | G | 46,269 | $0.00 | A | 118,140 | I | By Revocable Trust |
| Common StockF2 | Apr 19, 2017 | G | 50,292 | $0.00 | D | 643,076 | I | By GRAT |
| Common StockF1 | Apr 19, 2017 | G | 50,292 | $0.00 | A | 168,432 | I | By Revocable Trust |
| Common StockF3,F2 | May 11, 2017 | P | 3,460 | $43.25 | A | 646,536 | I | By GRAT |
| Common StockF4,F2 | May 12, 2017 | P | 3,500 | $42.69 | A | 650,036 | I | By GRAT |
| Common Stock | holding | — | — | — | 2,370 | I | Profit-Sharing Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Held by revocable trusts 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.
- F3The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $43.19 to $43.30, 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 purchased at each separate price within the range set forth in this footnote.
- F4The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $42.65 to $42.71, 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 purchased at each separate price within the range set forth in this footnote.