SEC Form 4 · accession 0000899243-18-012995
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy C Hachey
Director
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 7:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717605
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 3 | A | — | — | Common Stock | 3 | 1,598 | D |
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 5 | A | — | — | Common Stock | 5 | 2,827 | D |
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 4 | A | — | — | Common Stock | 4 | 2,226 | D |
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 4 | A | — | — | Common Stock | 4 | 2,423 | D |
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 4 | A | — | — | Common Stock | 4 | 2,089 | D |
Explanation of responses
- F1The dividend equivalent rights ("DERs") accrued with respect to restricted stock units ("RSUs") previously granted to the Reporting Person. Each DER represents a contingent right to receive one share of Issuer common stock upon delivery of the related RSUs to the Reporting Person.
- F2The RSUs to which the DERs relate vest ratably over the twelve months following the date of grant. In accordance with the Reporting Person's deferral election, shares of Issuer common stock underlying vested RSUs and the related DERs will be issued to the Reporting Person following the time that the Reporting Person ceases to be a member of the Issuer's Board of Directors.