SEC Form 4 · accession 0001209191-19-006188
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
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 4:51 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 29, 2019 | M | 283 | $0.00 | A | 10,321 | D | |
| Common StockF1 | Jan 29, 2019 | F | 114 | $66.06 | D | 10,207 | D | |
| Common Stock | Jan 30, 2019 | M | 374 | $0.00 | A | 10,581 | D | |
| Common StockF1 | Jan 30, 2019 | F | 154 | $67.96 | D | 10,427 | D |
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 29, 2019 | M | 283 | D | — | — | Common Stock | 283 | 566 | D |
| Restricted Stock UnitsF2,F3 | — | Jan 30, 2019 | M | 374 | D | — | — | Common Stock | 374 | 374 | 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.