0000899243-18-022202.txt : 20180813
0000899243-18-022202.hdr.sgml : 20180813
20180813195504
ACCESSION NUMBER: 0000899243-18-022202
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180810
FILED AS OF DATE: 20180813
DATE AS OF CHANGE: 20180813
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Swords Timothy
CENTRAL INDEX KEY: 0001673680
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08472
FILM NUMBER: 181013889
MAIL ADDRESS:
STREET 1: C/O HEXCEL CORPORATION
STREET 2: 281 TRESSER BLVD.
CITY: STAMFORD
STATE: CT
ZIP: 06901-3261
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HEXCEL CORP /DE/
CENTRAL INDEX KEY: 0000717605
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
IRS NUMBER: 941109521
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TWO STAMFORD PLAZA
STREET 2: 281 TRESSER BLVD., 16TH FLOOR
CITY: STAMFORD
STATE: CT
ZIP: 06901
BUSINESS PHONE: 203-969-0666
MAIL ADDRESS:
STREET 1: TWO STAMFORD PLAZA
STREET 2: 281 TRESSER BLVD., 16TH FLOOR
CITY: STAMFORD
STATE: CT
ZIP: 06901
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-08-10
0
0000717605
HEXCEL CORP /DE/
HXL
0001673680
Swords Timothy
HEXCEL CORPORATION
281 TRESSER BLVD., 16TH FLOOR
STAMFORD
CT
06901
0
1
0
0
See Remarks
Restricted Stock
Units
2018-08-10
4
A
0
0.93
0.00
A
Common Stock
0.93
429.33
D
Restricted Stock
Units
2018-08-10
4
A
0
1.62
0.00
A
Common Stock
1.62
746.23
D
Restricted Stock
Units
2018-08-10
4
A
0
1.84
0.00
A
Common Stock
1.84
847.35
D
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.
The RSUs and Additional RSUs vest in equal increments on the first three anniversaries of the date of grant and convert into an equivalent number of shares of common stock of the issuer. Upon vesting, all fractional shares underlying the vesting tranche of RSUs and Additional RSUs are cancelled.
On January 26, 2016, the reporting person received a grant pursuant to the Hexcel Corporation 2013 Stock Incentive Plan (the "2013 Plan"). As previously reported, (i) as of the date the grantee became a reporting person, 1,263.18 RSUs and Additional RSUs from such grant remained unvested, (ii) on January 26, 2017, 425 RSUs and Additional RSUs vested, (iii) on January 26, 2018 427 RSUs and Additional RSUs vested, leaving 426.83 RSUs and Additional RSUs unvested and (iv) following January 26, 2018, the reporting person received aggregate dividend equivalents in the form of 1.57 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 0.93 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
As previously reported, (i) on January 30, 2017, the reporting person was granted 1,106 RSUs pursuant to the 2013 Plan, (ii) on January 30, 2018, 371 RSUs and Additional RSUs vested, leaving an aggregate of 741.87 RSUs and Additional RSUs unvested and (iii) following January 30, 2018, the reporting person received aggregate dividend equivalents in the form of 2.74 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 1.62 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
As previously reported, (i) on January 29, 2018, the reporting person was granted 844 RSUs pursuant to the 2013 Plan and (ii) following January 29, 2018, the reporting person received aggregate dividend equivalents in the form of 1.51 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 1.84 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
President, Industrial
/s/ Steven A. Wein, as attorney-in-fact for Timothy Swords
2018-08-13