<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-12-03</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000095301</issuerCik>
        <issuerName>SEQUA CORP /DE/</issuerName>
        <issuerTradingSymbol>SQA.B</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001387776</rptOwnerCik>
            <rptOwnerName>Binderman Gail</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>31 MONROE AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LARCHMONT</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10538</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class B Common</value>
            </securityTitle>
            <transactionDate>
                <value>2007-12-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1201</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>175</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class B Common</value>
            </securityTitle>
            <transactionDate>
                <value>2007-12-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>240465</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>175</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class B Common</value>
            </securityTitle>
            <transactionDate>
                <value>2007-12-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1770694</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>175</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Disposed of pursuant to an Agreement and Plan of Merger, dated as of July 8, 2007 (the &quot;Merger Agreement&quot;) by and among Blue Jay Acquisition Corporation, Blue Jay Merger Corporation and the Issuer in exchange for the right to receive $175.00 in cash per share.</footnote>
        <footnote id="F2">Beneficial ownership is through the reporting person acting as an executor of the estate of Norman Alexander (the &quot;Estate&quot;). Disposed of pursuant to an Agreement and Plan of Merger, dated as of July 8, 2007 (the &quot;Merger Agreement&quot;) by and among Blue Jay Acquisition Corporation, Blue Jay Merger Corporation and the Issuer in exchange for the merger consideration of $175.00 in cash per share.</footnote>
        <footnote id="F3">Indirect ownership by Fifty Broad Street, Inc. (167,878 shares), Forfed Corporation (1,379,843 shares), 42 New Street, Inc. (45,000 Shares), Youandi Corp. (30,000 shares) and Courtney Corporation (68,524 shares), all of which are controlled by the reporting person as an executor of the Estate, as well as 79,449 shares held by two trusts of which the reporting person is the trustee. The Estate and the issue of Norman Alexander, deceased, including the reporting person, are beneficiaries of such trust. Disposed of pursuant to the Merger Agreement in exchange for the merger consideration of $175.00 in cash per share.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Gail Binderman</signatureName>
        <signatureDate>2007-12-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
