X0202
4
2008-05-23
0
0000788784
PUBLIC SERVICE ENTERPRISE GROUP INC
PEG
0001200999
HICKEY WILLIAM V
SEALED AIR CORP
PARK 80 EAST
SADDLEBROOK
NJ
07663
1
0
0
0
Phantom Stock
2008-05-23
4
A
0
17.1723
43.6750
A
1988-08-08
1988-08-08
Common Stock
17.1723
8263.7299
D
Phantom stock converts to common stock on a 1-for-1 basis. Phantom stock represents the share equivalent of amount deferred under the Directors' Compensation Plan.
The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of services as a director.
The derivative, phantom stock, does not have a corresponding exercisable date nor expiration date.
By: Anthony Battista,As Attorney-in-fact for W. Hickey
2008-05-23