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HEXCEL CORP /DE/ — Director's Dealing 2018
May 16, 2018
31031_dirs_2018-05-15_04acb7d3-e350-4ca7-96f4-b606ca94f610.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: 2018-05-11
Reporting Person: HACHEY GUY C (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-11 | Dividend Equivalent Rights | $ | A | 2.86 | Acquired | Common Stock (2.86) | Direct | |
| 2018-05-11 | Dividend Equivalent Rights | $ | A | 5.06 | Acquired | Common Stock (5.06) | Direct | |
| 2018-05-11 | Dividend Equivalent Rights | $ | A | 3.98 | Acquired | Common Stock (3.98) | Direct | |
| 2018-05-11 | Dividend Equivalent Rights | $ | A | 4.34 | Acquired | Common Stock (4.34) | Direct | |
| 2018-05-11 | Dividend Equivalent Rights | $ | A | 3.74 | Acquired | Common Stock (3.74) | Direct |
Footnotes
F1: The dividend equivalent rights ("DERs") accrued with respect to restricted stock units ("RSUs") previously granted to the Reporting Person. Each DER represents a contingent right to receive one share of Issuer common stock upon delivery of the related RSUs to the Reporting Person.
F2: The RSUs to which the DERs relate vest ratably over the twelve months following the date of grant. In accordance with the Reporting Person's deferral election, shares of Issuer common stock underlying vested RSUs and the related DERs will be issued to the Reporting Person following the time that the Reporting Person ceases to be a member of the Issuer's Board of Directors.