0001179110-11-006396.txt : 20110413 0001179110-11-006396.hdr.sgml : 20110413 20110413160033 ACCESSION NUMBER: 0001179110-11-006396 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110411 FILED AS OF DATE: 20110413 DATE AS OF CHANGE: 20110413 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERGES DAVID E CENTRAL INDEX KEY: 0001233179 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08472 FILM NUMBER: 11757217 MAIL ADDRESS: STREET 1: C/O HEXCEL CORP STREET 2: 281 TRESSER BLVD CITY: STAMFORD STATE: CT ZIP: 06901 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HEXCEL CORP /DE/ CENTRAL INDEX KEY: 0000717605 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 941109521 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO STAMFORD PLAZA STREET 2: 281 TRESSER BLVD., 16TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-969-0666 MAIL ADDRESS: STREET 1: TWO STAMFORD PLAZA STREET 2: 281 TRESSER BLVD., 16TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06901 4 1 edgar.xml FORM 4 - X0303 4 2011-04-11 0 0000717605 HEXCEL CORP /DE/ HXL 0001233179 BERGES DAVID E HEXCEL CORPORATION 281 TRESSER BLVD. STAMFORD CT 06901 1 1 0 0 Chairman & CEO Common Stock 2011-04-11 4 M 0 55109 10.50 A 395677 D Common Stock 2011-04-11 4 S 0 55109 19.2951 D 340568 D Common Stock 2011-04-12 4 M 0 25500 10.50 A 366068 D Common Stock 2011-04-12 4 S 0 25500 19.0804 D 340568 D Common Stock 2011-04-12 4 M 0 40000 10.50 A 380568 D Common Stock 2011-04-12 4 F 0 29349 19.11 D 351219 D Common Stock 74848 I By Berges 2009 Grantor Retained Annuity Trust I Common Stock 38175 I By Berges Family Trust Non-Qualified Stock Option 10.50 2011-04-11 4 M 0 55109 0 D 2011-07-30 Common Stock 55109 267329 D Non-Qualified Stock Option 10.50 2011-04-12 4 M 0 25500 0 D 2011-07-30 Common Stock 25500 241829 D Non-Qualified Stock Option 10.50 2011-04-12 4 M 0 40000 0 D 2011-07-30 Common Stock 40000 195000 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 15, 2011. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $19.14 to $19.51, inclusive. The reporting person undertakes to provide Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range of this footnote (2). The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $18.94 to $19.1875, inclusive. The reporting person undertakes to provide Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range of this footnote (2). 21,978 shares were exchanged with Hexcel Corporation in a stock-for-stock swap transaction to pay for the NQO exercise price. 7,371 shares were withheld as payment of tax withholding required upon exercise of NQOs. Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b. The NQOs vested over four years at a rate of one-sixteenth of the shares at the end of each three month period beginning with the three month period ending October 31, 2001. The NQO becomes exercisable in full on July 29, 2011, but is subject to earlier vesting in equal one-third parts if the price of a share of Hexcel common stock reaches $15.75, $21.00 and $26.25 over consecutive thirty-day trading periods. The option vested as to one-third of the underlying shares in 2005 as Hexcel stock closed at $15.75 or higher for thirty consecutive days, and vested as to an additional third of the underlying shares in 2006 as Hexcel stock closed at $21.00 or higher for thirty consecutive days. /s/David E. Berges, by Adam P. Gold, Attorney-in-fact 2011-04-12