4//SEC Filing
HEXCEL CORP /DE/ 4
Accession 0001179110-16-024466
$HXLCIK 0000717605operating
Filed
May 11, 8:00 PM ET
Accepted
May 12, 5:47 PM ET
Size
10.8 KB
Accession
0001179110-16-024466
Insider Transaction Report
Form 4
Hill David Charles
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-05-11−5.39→ 0 totalExercise: $0.00→ Common Stock (5.39 underlying) - Exercise/Conversion
Common Stock
2016-05-11+5→ 1,188 total - Award
Restricted Stock Units
2016-05-11+5.39→ 5.39 totalExercise: $0.00→ Common Stock (5.39 underlying)
Holdings
- 3,500(indirect: By Trust)
Common Stock
Footnotes (5)
- [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]The underlying Restricted Stock Units ("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.
- [F3]As previously reported, on May 7, 2015, the reporting person was granted 2,169 RSUs. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 5.39 dividend equivalent rights reflect dividend equivalent rights at $44.50 per RSU owned by the reporting person on the record date and credited to the reporting person's account on May 11, 2016.
- [F4]The underlying RSUs vested ratably over the one year following the grant date and converted into an equivalent number of shares of Common Stock on May 7, 2016, the first anniversary from the grant date. Vesting of the RSUs was also subject to certain acceleration and termination provisions.
- [F5]Fractional RSUs do not convert into shares of common stock and are cancelled at the time of conversion.
Documents
Issuer
HEXCEL CORP /DE/
CIK 0000717605
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000717605
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 5:47 PM ET
- Size
- 10.8 KB