FOSTER W KIM 4
4 · HEXCEL CORP /DE/ · Filed Jul 10, 2018
Insider Transaction Report
Form 4
FOSTER W KIM
Director
Transactions
- Award
Restricted Stock Units
2018-07-06$67.03/sh+272$18,232→ 272 total→ Common Stock (272 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F2]The restricted stock units vest ratably over the one year period following the date of grant (subject to acceleration in the event of the Reporting Person's death or disability). Shares of Issuer common stock underlying vested restricted stock units will be delivered to the Reporting Person following the earlier of the first anniversary of the date of grant or the time that the Reporting Person ceases to be a member of the Issuer's Board of Directors.
- [F3]The restricted stock units were granted to the Reporting Person in lieu of a portion of the Reporting Person's quarterly cash retainer as a member of the Issuer's Board of Directors.