0000899243-18-022213.txt : 20180813
0000899243-18-022213.hdr.sgml : 20180813
20180813195917
ACCESSION NUMBER: 0000899243-18-022213
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: Merlot Thierry
CENTRAL INDEX KEY: 0001673727
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08472
FILM NUMBER: 181013903
MAIL ADDRESS:
STREET 1: C/O HEXCEL CORPORATION
STREET 2: 281 TRESSER BLVD.
CITY: STAMFORD
STATE: CT
ZIP: 06901--326
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
0001673727
Merlot Thierry
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
3.36
0.00
A
Common Stock
3.36
1541.08
D
Restricted Stock
Units
2018-08-10
4
A
0
2.92
0.00
A
Common Stock
2.92
1341.31
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 as to 2/3 on the second anniversary of the date of grant, and the remaining 1/3 on the third anniversary 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.
As previously reported, (i) on January 30, 2017, the reporting person was granted 1,522 RSUs pursuant to the Hexcel Corporation 2013 Stock Incentive Plan (the "2013 Plan") and (ii) following January 30, 2017, the reporting person received aggregate dividend equivalents in the form of 15.72 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 3.36 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 1,336 RSUs pursuant to the 2013 Plan and (ii) following January 29, 2018, the reporting person received aggregate dividend equivalents in the form of 2.39 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 2.92 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
President, Aerospace - Europe, MEA, and Asia Pacific
/s/ Steven A. Wein, as attorney-in-fact for Thierry Merlot
2018-08-13