SEC Form 4 · accession 0001179110-16-031172
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Swords
Officer — President, Industrial
Period of report
Nov 2, 2016
Accepted (ET)
Nov 3, 2016 · 5:42 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 | Nov 2, 2016 | M | 10,513 | $20.76 | A | 15,383 | D | |
| Common Stock | Nov 2, 2016 | S | 10,513 | $45.00 | D | 4,870 | D | |
| Common Stock | Nov 2, 2016 | M | 6,186 | $20.76 | A | 11,056 | D | |
| Common Stock | Nov 2, 2016 | S | 3 | $45.00 | D | 11,053 | D | |
| Common Stock | Nov 2, 2016 | S | 3,460 | $45.01 | D | 7,593 | D | |
| Common Stock | Nov 2, 2016 | S | 2,723 | $45.02 | D | 4,870 | 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 OptionF1,F2 | $20.76 | Nov 2, 2016 | M | 10,513 | D | — | Apr 11, 2021 | Common Stock | 10,513 | 26,987 | D |
| Non-Qualified Stock OptionF1,F2 | $20.76 | Nov 2, 2016 | M | 6,186 | D | — | Apr 11, 2021 | Common Stock | 6,186 | 0 | D |
Explanation of responses
- F1Non-Qualified Stock Options ("NQOs") granted in a transaction exempt under Rule 16b.
- F2This 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.