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HEXCEL CORP /DE/ — Director's Dealing 2018
Feb 14, 2018
31031_dirs_2018-02-14_b03e9caf-c72d-44e9-9863-15d8e8285bec.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: 2018-02-13
Reporting Person: GRAVES JEFFREY A (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-13 | Restricted Stock Units | $ | A | 4.23 | Acquired | Common Stock (4.23) | Direct | |
| 2018-02-13 | Restricted Stock Units | $ | A | 4.61 | Acquired | Common Stock (4.61) | Direct | |
| 2018-02-13 | Restricted Stock Units | $ | A | 3.97 | Acquired | Common Stock (3.97) | Direct | |
| 2018-02-13 | Restricted Stock Units | $ | A | 4.92 | Acquired | Common Stock (4.92) | Direct | |
| 2018-02-13 | Restricted Stock Units | $ | A | 0.55 | Acquired | Common Stock (0.55) | Direct |
Footnotes
F1: The underlying Restricted Stock Units ("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.
F2: The 4.23 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.
F3: The underlying RSUs vest ratably over the one year period following the grant date, and convert into an equal number of shares of common stock at such time as the grantee ceases to be a member of Hexcel's Board of Directors. Vesting and conversion are subject to certain acceleration and termination provisions.
F4: The 4.61 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.
F5: The 3.97 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.
F6: The 4.92 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.
F7: The 0.55 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.