SEC Form 4 · accession 0000899243-18-019725
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Kim Foster
Director
Period of report
Jul 6, 2018
Accepted (ET)
Jul 10, 2018 · 6:59 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F1 | — | Jul 6, 2018 | A | 272 | A | — | — | Common Stock | 272 | 272 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2The restricted stock units vest ratably over the one year period following the date of grant (subject to acceleration in the event of the Reporting Person's death or disability). Shares of Issuer common stock underlying vested restricted stock units will be delivered to the Reporting Person following the earlier of the first anniversary of the date of grant or the time that the Reporting Person ceases to be a member of the Issuer's Board of Directors.
- F3The restricted stock units were granted to the Reporting Person in lieu of a portion of the Reporting Person's quarterly cash retainer as a member of the Issuer's Board of Directors.