CHU MICHAEL 4
4 · SEALED AIR CORP/DE · Filed May 20, 2011
Insider Transaction Report
Form 4
CHU MICHAEL
Director
Transactions
- Award
Stock Units
2011-05-18+2,717→ 6,976 total→ Common Stock (2,717 underlying)
Holdings
- 11,980
Common Stock
Footnotes (3)
- [F1]1-for-1
- [F2]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.
- [F3]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.