FAULKNER JAMES V JR 4

4 · PACTIV CORP · Filed Oct 28, 2005

Form 4

Period: 2005-10-26

VP, GC & Secretary

Transactions

Sale
Common Stock
2005-10-26$19.83/sh−25,000$495,750→ 48,360 total
Purchase
Common Stock
2005-10-27+247→ 565 total(indirect: By 401(k))
Discretionary Transaction
Stock Equivalent Units
2005-10-26$19.89/sh−30,000$596,700→ 37,149 total
Exercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (30,000 underlying)
Sale
Common Stock
2005-10-26$19.74/sh−9,572$188,951→ 73,360 total
Sale
Common Stock
2005-10-26$19.80/sh−9,500$188,100→ 37 total(indirect: By 401(k))
Exercise/Conversion
Employee Stock Option
2005-10-26−75,000→ 125,000 total
Exercise: $13.44From: 2002-11-05Exp: 2009-11-05→ Common Stock (75,000 underlying)
Exercise/Conversion
Common Stock
2005-10-26$13.44/sh+75,000$1,008,000→ 82,932 total
Purchase
Common Stock
2005-10-27+281→ 318 total(indirect: By 401(k))
Purchase
Common Stock
2005-10-27$17.44/sh+258$4,500→ 23,618 total

Footnotes (4)

[F1]Shares acquired since last report under reporting person's 401(K) plan, purchased at prices between $19.85 and $23.83.
[F2]Shares acquired in reporting person's ESPP since date of last report. Such plan meets requirements of Rule 16b-3.
[F3]Shares acquired since last report under reporting person's Deferred Retirement Savings Plan purchased at prices between $21.47 and $24.29.
[F4]Stock Equivalent Units are amounts held in the Pactiv Deferred Compensation Plan (the "Plan") that are invested in the Pactiv Stock Index Fund, which amounts are payable in stock or cash upon the holder's death, termination of employment, or at the time specified in the holder's Deferral Election. Prior to payment, the holder may transfer the value of his Stock Equivalent Units, in whole or in part, into other investment options under the Plan.

Documents

1 file