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HEXCEL CORP /DE/ — Director's Dealing 2018
Jan 31, 2018
31031_dirs_2018-01-31_92bb1e1e-22b2-46db-a305-431c6775a6e2.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: 2018-01-29
Reporting Person: Winterlich Patrick (EVP, CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-29 | Restricted Stock Units | $ | A | 2182 | Acquired | 2021-01-29 | Common Stock (2182) | Direct |
| 2018-01-29 | Non-Qualified Stock Option | $68.15 | A | 9159 | Acquired | 2028-01-29 | Common Stock (9159) | Direct |
Footnotes
F1: The 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 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.
F3: Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b.
F4: The NQOs become vested with respect to one-third of the shares of Common Stock subject thereto on each of the first three anniversaries of the date of grant. Vesting of the NQOs is also subject to certain acceleration and termination provisions.