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4//SEC Filing

Brubaker Lynn 4

Accession 0001209191-19-056127

CIK 0000717605other

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 5:39 PM ET

Size

6.4 KB

Accession

0001209191-19-056127

Insider Transaction Report

Form 4
Period: 2019-11-08
Transactions
  • Award

    Restricted Stock Units

    2019-11-08+3.271,493.37 total
    Common Stock (3.27 underlying)
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 9, 2019, the reporting person was granted 1,487 RSUs pursuant to the 2013 Plan and (ii) the reporting person has received aggregate dividend equivalents in the form of 3.10 Additional RSUs since the grant date. On November 8, 2019, the reporting person received dividend equivalents in the form of 3.27 Additional RSUs, based on the $77.45 market price per underlying share on the dividend payment date.

Issuer

HEXCEL CORP /DE/

CIK 0000717605

Entity typeother

Related Parties

1
  • filerCIK 0001348099

Filing Metadata

Form type
4
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 5:39 PM ET
Size
6.4 KB