HUNT WILLIAM 4
4 · HEXCEL CORP /DE/ · Filed Jan 5, 2009
Insider Transaction Report
Form 4
HUNT WILLIAM
President
Transactions
- Exercise/Conversion
Common Stock
2009-01-01+4,539→ 107,478 total - Tax Payment
Common Stock
2009-01-01$7.39/sh−1,816$13,420→ 105,662 total - Exercise/Conversion
Restricted Stock Units
2009-01-01−4,539→ 0 total→ Common Stock (4,539 underlying)
Footnotes (4)
- [F1]The Common Stock was acquired upon the conversion of Restricted Stock Units ("RSUs") in accordance with the terms of an underlying Performance Based Award Agreement (the "Agreement") dated February 7, 2006. The RSUs were granted based on the level of attainment of specified financial performance criteria as set forth in the Agreement, and were granted in a transaction exempt under Rule 16b.
- [F2]The Common Stock was withheld as payment of tax withholding required upon conversion of RSUs.
- [F3]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.
- [F4]The RSUs vested and converted into an equivalent number of shares of Common Stock on January 1, 2009.