SEC Form 4 · accession 0001179110-16-029561
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
Sep 9, 2016
Accepted (ET)
Sep 12, 2016 · 5:15 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 | Sep 9, 2016 | M | 2,495 | $21.11 | A | 58,922 | D | |
| Common Stock | Sep 9, 2016 | S | 2,495 | $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 | $21.11 | Sep 9, 2016 | M | 2,495 | D | — | Jan 28, 2018 | Common Stock | 2,495 | 11,000 | 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 August 25, 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.