4//SEC Filing
Brubaker Lynn 4
Accession 0001209191-19-029620
CIK 0000717605other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 4:19 PM ET
Size
11.2 KB
Accession
0001209191-19-029620
Insider Transaction Report
Form 4
Brubaker Lynn
Director
Transactions
- Award
Restricted Stock Units
2019-05-10+3.39→ 3.39 total→ Common Stock (3.39 underlying) - Exercise/Conversion
Restricted Stock Units
2019-05-10−3→ 0 total→ Common Stock (3 underlying) - Exercise/Conversion
Common Stock
2019-05-10+3→ 1,611 total
Holdings
- 9,195(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. Dividend equivalents in the form of additional RSUs ("Additional RSUs") accrue with respect to RSUs (and any Additional RSUs previously accrued) when dividends are paid on shares of common stock of the issuer.
- [F2]The RSUs and Additional RSUs vest in equal increments on a daily basis over one year and convert into an equivalent number of shares of common stock of the issuer on the first anniversary of the grant date. Upon vesting, all fractional shares underlying the RSUs and Additional RSUs are cancelled.
- [F3]As previously reported, (i) on May 3, 2018, the reporting person was granted 1,595 RSUs pursuant to the Hexcel Corporation 2013 Stock Incentive Plan, (ii) the reporting person received aggregate dividend equivalents in the form of 13.6 Additional RSUs and (iii) on May 3, 2019, 1,608 RSUs converted into shares of common stock of the issuer. As the reporting person held the RSUs on the record date for the issuer's quarterly dividend, on May 10, 2019, the reporting person received dividend equivalents in the form of 3.39 Additional RSUs, based on the $71.11 market price per underlying share on the dividend payment date, which (excluding fractional RSUs) were converted into shares of common stock of the issuer.
Documents
Issuer
HEXCEL CORP /DE/
CIK 0000717605
Entity typeother
Related Parties
1- filerCIK 0001348099
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 4:19 PM ET
- Size
- 11.2 KB