UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 16, 2004
SEALED AIR CORPORATION
(Exact Name of Registrant as Specified in its Charter)
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Delaware |
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1-12139 |
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65-0654331 |
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(State or
Other |
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(Commission File Number) |
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(IRS
Employer |
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Park 80 East |
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Saddle Brook, New Jersey |
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07663-5291 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: 201-791-7600
Not Applicable
(Former Name or Former Address, If Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
At a meeting of the Board of Directors (the “Board”) of Sealed Air Corporation (the “Corporation”) held on December 16, 2004, the Board set the amount of the Annual Retainer (as defined in the Corporation’s 2002 Stock Plan for Non-Employee Directors) to be paid to non-employee directors of the Corporation who are elected at the 2005 Annual Meeting of Stockholders at $60,000. This is the same retainer amount that was earned by a non-employee director of the Corporation who was elected at the Corporation’s 2002 through 2004 annual meetings. The other compensation arrangements for non-employee directors of the Corporation remain as previously reported in the Corporation’s proxy statement for its 2004 annual meeting. A copy of the Board’s adopting resolution is included as Exhibit 10 to this report and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
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(c) |
Exhibits. |
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Exhibit 10 |
Resolution Relating to 2005 Annual Retainer for Non-Employee Directors of Sealed Air Corporation. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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SEALED AIR CORPORATION |
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By: |
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/s/ Mary A. Coventry |
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Name: |
Mary A. Coventry |
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Title: |
Vice President |
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Dated: December 21, 2004 |
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EXHIBIT INDEX
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Exhibit No. |
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Description |
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10 |
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Resolution Relating to 2005 Annual Retainer for Non-Employee Directors of Sealed Air Corporation. |
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