FARRELL CHARLES F JR 4
4 · SEALED AIR CORP/DE · Filed May 19, 2010
Insider Transaction Report
Form 4
FARRELL CHARLES F JR
Director
Transactions
- Award
Stock Units
2010-05-19+2,500→ 15,634 total→ Common Stock (2,500 underlying)
Holdings
- 5,173
Common Stock
- 4,226(indirect: By IRA)
Common Stock
Footnotes (3)
- [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.