SEC Form 4 · accession 0001179110-16-018056
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nick L Stanage
Officer — CEO and President · Director
Period of report
Jan 26, 2016
Accepted (ET)
Jan 28, 2016 · 3:35 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF1,F2 | $41.71 | Jan 26, 2016 | A | 64,812 | A | — | Jan 26, 2026 | Common Stock | 64,812 | 64,812 | D |
Explanation of responses
- F1Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b.
- F2The NQOs become vested with respect to one-third of the shares of Common Stock subject thereto on each of the first three anniversaries of the date of grant. Vesting of the NQOs is also subject to certain acceleration and termination provisions.