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HEXCEL CORP /DE/ — Director's Dealing 2011
Nov 10, 2011
31031_dirs_2011-11-10_b18574dd-1cdc-4a8d-923b-d0b142adf722.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2011-11-09
Reporting Person: Stanage Nick L (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-09 | Common Stock | M | 27987 | — | Acquired | 72111 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-09 | Restricted Stock Units | $ | M | 27987 | Disposed | 2011-11-09 | Common Stock (27987) | Direct |
Footnotes
F1: The Common Stock was acquired upon the conversion of Restricted Stock Units ("RSUs") in accordance with the terms of the underlying agreement. The RSUs were granted in a transaction exempt under Rule 16b.
F2: These RSUs were granted in a transaction exempt under Rule 16b. Upon vesting, RSUs are converted into an equivalent number of shares of Common Stock that are distributed to the grantee.
F3: The RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on each of November 9, 2010, November 9, 2011 and November 9, 2012. Vesting of the RSUs is also subject to certain acceleration and termination provisions.