Form 4 for HXL HEXCEL CORP /DE/
Accepted 2022-02-01 00:00:00 ET · period of report 2022-01-28 · accession 0001209191-22-006045 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-01 | 2022-01-29 | HXL | Merlot Thierry | See Remarks | M - OptEx | $0.00 | +1,359 | 35.4K | +4% | $0 |
| DM | 2022-02-01 | 2022-01-28+ | HXL | Merlot Thierry | See Remarks | M - OptEx | $0.00 | -1,956 | 0 | -100% | $0 |
| DM | 2022-02-01 | 2022-01-28+ | HXL | Merlot Thierry | See Remarks | A - Grant | $0.00 | +14.1K | 10.6K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-29 | M | A | 1,359 | $0.00 | 35,384 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2022-01-28 | M | D | 597.14 | $0.00 | 0 | D | — · — to — | 597.14 Common Stock | (F1) Represents shares of common stock of the issuer underlying time-based restricted stock units ("RSUs") that have vested but have not been distributed. (F4) As previously reported, on January 28, 2019, the reporting person was granted 1,774 RSUs, and following January 28, 2019, the reporting person received 15.36 aggregate dividend equivalents in the form of additional RSUs. On January 28, 2021, 1192.22 RSUs vested and on January 28, 2022 the remaining 597.14 RSUs vested. To obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs will not be distributed to the reporting person until January 28, 2023. (F2) Each RSU represents a conditional right to receive one share of common stock of the issuer. (F3) The RSUs vest as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remain subject to a holding period. To obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs will not be distributed to the reporting person until January 28, 2023. |
| 3 | Derivative | Restricted Stock Units | 2022-01-31 | A | A | 2,902 | $0.00 | 2,902 | D | — · — to — | 2,902 Common Stock | (F2) Each RSU represents a conditional right to receive one share of common stock of the issuer. (F7) The 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. |
| 4 | Derivative | Restricted Stock Units | 2022-01-28 | A | A | 597.14 | $0.00 | 1,789.36 | D | — · — to — | 597.14 Common Stock | (F1) Represents shares of common stock of the issuer underlying time-based restricted stock units ("RSUs") that have vested but have not been distributed. (F4) As previously reported, on January 28, 2019, the reporting person was granted 1,774 RSUs, and following January 28, 2019, the reporting person received 15.36 aggregate dividend equivalents in the form of additional RSUs. On January 28, 2021, 1192.22 RSUs vested and on January 28, 2022 the remaining 597.14 RSUs vested. To obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs will not be distributed to the reporting person until January 28, 2023. (F2) Each RSU represents a conditional right to receive one share of common stock of the issuer. (F3) The RSUs vest as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remain subject to a holding period. To obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs will not be distributed to the reporting person until January 28, 2023. |
| 5 | Derivative | Non-Qualified Stock Options | 2022-01-31 | A | A | 10,610 | $0.00 | 10,610 | D | $52.17 · — to 2032-01-31 | 10,610 Common Stock | (F8) The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant. |
| 6 | Derivative | Restricted Stock Units | 2022-01-29 | M | D | 1,359.03 | $0.00 | 0 | D | — · — to — | 1,359.03 Common Stock | (F6) The RSUs vested as to two-thirds on the second anniversary of the grant date, and one-third on the third anniversary of the grant date, but to obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs were withheld from distribution to the reporting person until January 29, 2022. (F2) Each RSU represents a conditional right to receive one share of common stock of the issuer. (F5) The RSUs vested as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remained subject to a holding period until January 29, 2022 to obtain qualifying tax treatment under French tax law. |