SEC Form 4 · accession 0001209191-19-005905
HEXCEL CORP /DE/ · HXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett Raymond Schneider
Officer — President, Global Fibers
Period of report
Jan 26, 2019
Accepted (ET)
Jan 29, 2019 · 6:42 pm EST
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 | Jan 26, 2019 | M | 297 | $0.00 | A | 5,663 | D | |
| Common StockF1 | Jan 26, 2019 | F | 153 | $65.86 | D | 5,510 | D | |
| Common Stock | holding | — | — | — | 3,215 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jan 26, 2019 | M | 297 | D | — | — | Common Stock | 297 | 0 | D |
| Restricted Stock UnitsF2,F3 | — | Jan 28, 2019 | A | 825 | A | — | — | Common Stock | 825 | 825 | D |
| Non-Qualified Stock OptionsF4 | $65.56 | Jan 28, 2019 | A | 3,545 | A | — | Jan 28, 2029 | Common Stock | 3,545 | 3,545 | D |
Explanation of responses
- F1Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of RSUs (as defined below).
- F2Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
- F3The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal installments on the first three anniversaries of the grant date.
- F4The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.