4//SEC Filing
HEXCEL CORP /DE/ 4
Accession 0001179110-17-002589
$HXLCIK 0000717605operating
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 6:58 PM ET
Size
9.0 KB
Accession
0001179110-17-002589
Insider Transaction Report
Form 4
Pensky Wayne C
SVP, CFO
Transactions
- Award
Restricted Stock Units
2017-02-15+7.86→ 3,801.82 total→ Common Stock (7.86 underlying) - Award
Restricted Stock Units
2017-02-15+3.57→ 1,727.64 total→ Common Stock (3.57 underlying)
Footnotes (4)
- [F1]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.
- [F2]As previously reported, on January 26, 2016, the reporting person was granted 5,637 RSUs, 1,898 of which vested on January 26, 2017 and converted into shares of common stock on such date. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 3.57 dividend equivalent rights reflect dividend equivalent rights at $53.08 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 15, 2017.
- [F3]The underlying RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on the first three anniversaries from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions.
- [F4]As previously reported, on January 27, 2015, the reporting person was granted 5,094 RSUs, 1,709 of which vested on January 27, 2016 and converted into shares of common stock on such date, and 1,725 of which vested on January 27, 2017 and converted into shares of common stock on such date. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 7.86 dividend equivalent rights reflect dividend equivalent rights at $53.08 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 15, 2017.
Documents
Issuer
HEXCEL CORP /DE/
CIK 0000717605
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000717605
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 6:58 PM ET
- Size
- 9.0 KB