DERICKSON SANDRA L 4
4 · HEXCEL CORP /DE/ · Filed May 6, 2011
Insider Transaction Report
Form 4
DERICKSON SANDRA L
Director
Transactions
- Award
Restricted Stock Units
2011-05-05+3,143→ 3,143 totalExercise: $0.00→ Common Stock (3,143 underlying) - Exercise/Conversion
Common Stock
2011-05-06+3,215→ 3,215 total - Exercise/Conversion
Restricted Stock Units
2011-05-06−3,215→ 0 totalExercise: $0.00From: 2011-05-06Exp: 2011-05-06→ Common Stock (3,215 underlying)
Holdings
- 21,795(indirect: By Trust)
Common Stock
- 15,409(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]The Common Stock was acquired upon the conversion of Restricted Stock Units ("RSUs") in accordance with the terms of the underlying agreement. The RSUs were granted in a transaction exempt under Rule 16b.
- [F2]RSUs granted under the Hexcel Corporation 2003 Incentive Stock Plan in a transaction exempt under Rule 16b.
- [F3]The RSUs vest ratably over the one year following the grant date which was May 5, 2011, and convert into an equal number of shares of common stock on the first anniversary of the grant date. Vesting and conversion are subject to certain acceleration and termination provisions.
- [F4]The RSUs vested proportionately over the one-year period immediately following the grant date, and converted into an equivalent number of shares of Common Stock on the first anniversary of the grant date. The grant date was one year prior to the expiration date.