Canario Michael 4
4 · HEXCEL CORP /DE/ · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Canario Michael
President, Aerospace -Americas
Transactions
- Award
Restricted Stock Units
2018-02-13+0.87→ 458.24 total→ Common Stock (0.87 underlying) - Award
Restricted Stock Units
2018-02-13+1.91→ 1,004.5 total→ Common Stock (1.91 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]The 0.87 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.
- [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]The 1.91 dividend equivalent rights reflect dividend equivalent rights at $65.40 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 13, 2018.