SEC Form 4 · accession 0000899243-18-011262
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thierry Merlot
Officer — See Remarks
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 2:41 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 | May 1, 2018 | M | 3,490 | $19.02 | A | 32,331 | D | |
| Common Stock | May 1, 2018 | S | 3,490 | $66.01 | D | 28,841 | D | |
| Common StockF2 | May 1, 2018 | S | 5,725 | $65.97 | D | 23,116 | 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)F3 | $19.02 | Apr 27, 2018 | M | 3,490 | D | Jan 31, 2014 | Jan 31, 2021 | Common Stock | 3,490 | 8,810 | D |
Explanation of responses
- F1These reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 15, 2017.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.90 to $65.971, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- F3The 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.
Remarks
Exhibit List Exhibit 24 - Power of Attorney President, Aerospace - Europe, MEA and Asia Pacific