SEC Form 4 · accession 0000899243-18-013003
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Swords
Officer — President, Industrial
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 7:28 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 | 1 | A | — | — | Common Stock | 1 | 428 | D |
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 1 | A | — | — | Common Stock | 1 | 745 | D |
| Dividend Equivalent RightsF2,F1 | — | May 11, 2018 | A | 2 | A | — | — | Common Stock | 2 | 846 | 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 on the first three anniversaries of the date of grant and are delivered to the Reporting Person following such dates.