SEC Form 4 · accession 0001209191-19-005899
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thierry Merlot
Officer — See Remarks
Period of report
Jan 28, 2019
Accepted (ET)
Jan 29, 2019 · 6:38 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 28, 2019 | A | 1,774 | A | — | — | Common Stock | 1,774 | 1,774 | D |
| Non-Qualified Stock OptionsF3 | $65.56 | Jan 28, 2019 | A | 7,620 | A | — | Jan 28, 2029 | Common Stock | 7,620 | 7,620 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
- F2The RSUs vest as to two-thirds on the second anniversary of the date of grant, and the remaining one-third on the third anniversary of the date of grant, and convert into an equivalent number of shares of common stock of the issuer.
- F3The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.
Remarks
President, Aerospace - Europe, MEA, and Asia Pacific