SEC Form 4 · accession 0001179110-16-022107
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert George Hennemuth
Officer — SVP, Human Resources
Period of report
Mar 8, 2016
Accepted (ET)
Mar 23, 2016 · 3:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717605
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 8, 2016 | G | 500 | $0.00 | D | 56,427 | D | |
| Common Stock | Mar 22, 2016 | M | 12,388 | $18.17 | A | 68,815 | D | |
| Common Stock | Mar 22, 2016 | S | 12,388 | $45.00 | D | 56,427 | D |
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 OptionF2,F3 | $18.17 | Mar 22, 2016 | M | 12,388 | D | — | Jan 29, 2017 | Common Stock | 12,388 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2016.
- F2Non-Qualified Stock Options ("NQOs") granted in a transaction exempt under Rule 16b.
- F3This Non-Qualified Stock Option became vested with respect to one third of the underlying shares of Common Stock on each of the first three anniversaries of the grant date. The grant date was ten years prior to the expiration date.