HEXCEL CORP /DE/ 4
4 · HEXCEL CORP /DE/ · Filed Jan 31, 2007
Insider Transaction Report
Form 4
TANONIS DAVID R
President, Structures
Transactions
- Award
Restricted Stock Units
2007-01-29+1,691→ 1,691 totalExp: 2010-01-29→ Common Stock (1,691 underlying) - Award
Non-Qualified Stock Option
2007-01-29+7,138→ 7,138 totalExercise: $18.17Exp: 2017-01-29→ Common Stock (7,138 underlying)
Footnotes (3)
- [F1]RSUs granted in a transaction exempt under Rule 16b. 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
- [F2]Non-Qualified Options ("NQOs") granted under the Hexcel Corporation 2003 Incentive Stock Plan (the "ISP") in a transaction exempt under Rule 16b.
- [F3]NQOs granted under the ISP 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, subject to acceleration upon the occurrence of certain events.