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HEXCEL CORP /DE/ — Director's Dealing 2018
Jan 29, 2018
31031_dirs_2018-01-29_01e52193-12f0-4236-91b0-b89585dc2064.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: 2018-01-28
Reporting Person: Merlot Thierry (President, Aerospace - EMEA/AP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-26 | Common Stock | M | 1371 | — | Acquired | 28841 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-26 | Restricted Stock Units | $ | M | 1371 | Disposed | 2018-01-26 | Common Stock (1371) | 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 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.
F3: The RSUs vest and convert into an equivalent number of shares of Common Stock two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions.