SEC Form 4 · accession 0000899243-18-011069
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Canario
Officer — See Remarks
Period of report
Apr 27, 2018
Accepted (ET)
May 1, 2018 · 8:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717605
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 27, 2018 | M | 3,417 | $19.02 | A | 7,171 | D | |
| Common Stock | Apr 27, 2018 | M | 4,971 | $25.03 | A | 11,962 | D | |
| Common Stock | Apr 27, 2018 | M | 5,280 | $28.27 | A | 17,242 | D | |
| Common Stock | Apr 27, 2018 | M | 3,737 | $43.01 | A | 20,979 | D | |
| Common Stock | Apr 27, 2018 | M | 4,832 | $43.96 | A | 25,811 | D | |
| Common Stock | Apr 27, 2018 | M | 3,609 | $41.71 | A | 29,420 | D | |
| Common Stock | Apr 27, 2018 | M | 2,076 | $50.50 | A | 31,496 | D | |
| Common Stock | Apr 27, 2018 | F | 20,984 | $66.76 | D | 10,512 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $19.02 | Apr 27, 2018 | M | 3,147 | D | Jan 31, 2014 | Jan 31, 2021 | Common Stock | 3,417 | 0 | D |
| Employee Stock Option (Right to Buy)F1 | $25.03 | Apr 27, 2018 | M | 4,971 | D | Jan 30, 2015 | Jan 30, 2022 | Common Stock | 4,971 | 0 | D |
| Employee Stock Option (Right to Buy)F1 | $28.27 | Apr 27, 2018 | M | 5,280 | D | Jan 28, 2016 | Jan 28, 2023 | Common Stock | 5,280 | 0 | D |
| Employee Stock Option (Right to Buy) | $43.01 | Apr 27, 2018 | M | 3,737 | D | Jan 28, 2017 | Jan 28, 2024 | Common Stock | 3,737 | 0 | D |
| Employee Stock Option (Right to Buy)F1 | $43.96 | Apr 27, 2018 | M | 4,832 | D | Jan 27, 2018 | Jan 27, 2025 | Common Stock | 4,832 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $41.71 | Apr 27, 2018 | M | 3,609 | D | — | Jan 26, 2026 | Common Stock | 3,609 | 1,804 | D |
| Employee Stock Option (Right to Buy)F3 | $50.50 | Apr 27, 2018 | M | 2,076 | D | — | Jan 30, 2027 | Common Stock | 2,076 | 4,149 | D |
Explanation of responses
- F1The options vested in equal increments on the first three anniversaries of the date of grant. The date shown in the table is the date the options became fully vested.
- F2The option vested as to 3,609 underlying shares in equal increments on January 26, 2017 and 2018. The option will vest with respect to the remaining 1,804 underlying shares on January 26, 2019.
- F3The option vested as to 2,076 underlying shares in equal increments on January 26, 2017 and 2018. The option will vest with respect to the remaining 4,149 underlying shares in equal increments on January 30, 2019 and 2020.
Remarks
President - Americas, Aerospace & Corporate Business Development