SEC Form 4 · accession 0001179110-15-007490
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Pugh
Director
Period of report
May 7, 2015
Accepted (ET)
May 11, 2015 · 2:08 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 UnitsF1,F2 | $0.00 | May 7, 2015 | A | 2,169 | A | — | — | Common Stock | 2,169 | 2,169 | D |
Explanation of responses
- F1RSUs granted under the Hexcel Corporation 2013 Incentive Stock Plan in a transaction exempt under Rule 16b.
- F2The RSUs vest ratably over the one year period following the grant date which was May 7, 2015, and convert into an equal number of shares of common stock at such time as the grantee ceases to be a member of Hexcel's Board of Directors. Vesting and conversion are subject to certain acceleration and termination provisions.