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HEXCEL CORP /DE/ — Director's Dealing 2012
Jan 24, 2012
31031_dirs_2012-01-24_386f36d6-852d-4c78-8e3d-0add74ea0786.zip
Director's Dealing
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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2012-01-24
Reporting Person: HURLEY DAVID C (Former Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-05 | Common Stock | M | 17843 | — | Acquired | 17843 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-05 | Restricted Stock Units | $0 | M | 2051 | Disposed | Common Stock (2051) | Direct | |
| 2011-05-05 | Restricted Stock Units | $0 | M | 2198 | Disposed | Common Stock (2198) | Direct | |
| 2011-05-05 | Restricted Stock Units | $0 | M | 2371 | Disposed | Common Stock (2371) | Direct | |
| 2011-05-05 | Restricted Stock Units | $0 | M | 5247 | Disposed | Common Stock (5247) | Direct | |
| 2011-05-05 | Restricted Stock Units | $0 | M | 3215 | Disposed | Common Stock (3215) | Direct | |
| 2011-05-05 | Restricted Stock Units | $0 | M | 2761 | Disposed | Common Stock (2761) | 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: RSUs granted under the Hexcel Corporation 2003 Incentive Stock Plan in a transaction exempt under Rule 16b.
F3: The RSUs vested one-third on grant and one-third on each of the first and second anniversaries of the grant date, and converted into an equivalent number of shares of Common Stock at such time as the grantee ceased to be a member of Hexcel's Board of Directors. Vesting and conversion were subject to certain acceleration and termination provisions. The grant date was two years prior to the date exercisable.
F4: The RSUs vested ratably over the one year following the grant date, and converted into an equal number of shares at such time as the grantee ceased to be a member of Hexcel's Board of Directors. Vesting and conversion were subject to certain acceleration and termination provisions. The grant date was one year prior to the date exercisable.