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HEXCEL CORP /DE/ — Director's Dealing 2015
Jan 30, 2015
31031_dirs_2015-01-30_ebbe7860-bbe1-4723-a791-1152f1c35a03.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: 2015-01-28
Reporting Person: KRAKOWER IRA J (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-28 | Common Stock | M | 1632 | — | Acquired | 244181 | Direct |
| 2015-01-28 | Common Stock | F | 842 | $43.78 | Disposed | 243339 | Direct |
| 2015-01-28 | Common Stock | M | 4000 | — | Acquired | 247339 | Direct |
| 2015-01-28 | Common Stock | F | 2063 | $43.78 | Disposed | 245276 | Direct |
| 2015-01-28 | Common Stock | M | 1106 | — | Acquired | 246382 | Direct |
| 2015-01-28 | Common Stock | F | 571 | $43.78 | Disposed | 245811 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-28 | Restricted Stock Units | $ | M | 1632 | Disposed | 2016-01-28 | Common Stock (1632) | Direct |
| 2015-01-28 | Restricted Stock Units | $ | M | 4000 | Disposed | 2016-01-28 | Common Stock (4000) | Direct |
| 2015-01-28 | Restricted Stock Units | $ | M | 1106 | Disposed | 2017-01-28 | Common Stock (1106) | 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: The Common Stock was withheld as payment of tax withholding required upon conversion of RSUs.
F3: 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.
F4: The RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on the first three anniversaries from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions.
F5: The RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on the second and third anniversaries from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions.