SEALED AIR CORPORATION (NYSE:SEE) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
On February15, 2017, the Board of Directors of Sealed Air
Corporation (the Company), amended and restated the Companys
Amended and Restated Bylaws (the Bylaws), effective immediately,
to implement proxy access. Under new Section 2.12(c) of the
Bylaws, a stockholder, or a group of up to twenty stockholders,
owning at least three percent of the Companys outstanding shares
of capital stock continuously for at least three years, may
include in the Companys proxy materials the greater of two
nominees or nominees constituting up to twenty percent of the
Board of Directors. Both the nominating stockholder(s) and the
nominee(s) must meet the eligibility and other requirements
specified in the Bylaws. Written notice of the nomination(s) must
be submitted to the Secretary of the Company at its principal
executive offices not less than 120 days nor more than 150 days
prior to the first anniversary of the preceding years annual
meeting of stockholders.
The Board of Directors also made certain other conforming and
administrative changes to Section2.12.
The foregoing description of the amendments to the Bylaws does
not purport to be complete and is qualified in its entirety by
reference to the full text of the Bylaws, a copy of which is
attached hereto as Exhibit 3.1 and is incorporated herein by
reference.
Item9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit Number |
Description |
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| 3.1 |
Amended and Restated Bylaws of Sealed Air Corporation, dated February15, 2017 |
About SEALED AIR CORPORATION (NYSE:SEE)
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses). The Food Care segment focuses on providing processors, retailers and food service operators a range of integrated system solutions. The Food Care business serves primarily perishable food and beverage processors, predominately in fresh red meat, smoked and processed meats, beverages, poultry and dairy markets. Diversey Care segment integrates cleaning chemicals, floor care machines, cleaning tools and equipment, and a range of services, including application and employee training, auditing of hygiene and appearance, and water and energy management. The Product Care segment provides customers with a range of Product Care solutions to meet cushioning, void fill, surface protection, retail display, containment and dunnage needs. SEALED AIR CORPORATION (NYSE:SEE) Recent Trading Information
SEALED AIR CORPORATION (NYSE:SEE) closed its last trading session down -0.15 at 47.76 with 1,642,917 shares trading hands.