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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (1) | (1) | 01/28/2014 | A | 4,736 (2) | (3) | 01/28/2017 | Common Stock | 4,736 | $ 0 | 4,736 | D | ||||
Non-Qualified Stock Option (4) | $ 43.01 | 01/28/2014 | A | 16,684 (5) | (6) | 01/28/2024 | Common Stock | 16,684 | $ 0 | 16,684 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Pensky Wayne C HEXCEL CORPORATION 281 TRESSER BLVD. STAMFORD, CT 06901 |
SVP, CFO |
/s/ Wayne C. Pensky, by Adam P. Gold, Attorney-in-fact | 01/30/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These RSUs were granted in a transaction exempt under Rule 16b. Upon vesting, RSUs are converted into an equivalent number of shares of Common Stock that are distributed to the grantee. |
(2) | This amount reflects the correct number of RSUs that were originally authorized for issuance to the reporting person. The amount reflected in Box 5 of the Form 4 filed on January 30, 2014 for the reporting person did not include all RSUs to be issued to the reporting person. The reporting person's original Form 4 erroneously indicated that the number of RSUs was 4,646. This amended Form 4 is being filed to correct the number of RSUs. |
(3) | The RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on the first three anniversaries from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions. |
(4) | Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b. |
(5) | This amount reflects the correct number of NQOs that were originally authorized for issuance to the reporting person. The amount reflected in Box 5 of the Form 4 filed on January 30, 2014 for the reporting person did not include all NQOs to be issued to the reporting person. The reporting person's original Form 4 erroneously indicated that the number of NQOs was 16,366. This amended Form 4 is being filed to correct the number of NQOs. |
(6) | The NQOs become vested with respect to one-third of the shares of Common Stock subject thereto on each of the first three anniversaries of the date of grant. Vesting of the NQOs is also subject to certain acceleration and termination provisions. |