-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KeCw8cEgokspsXrIwUgkPpvczQFMP4thlYpNqK3VgSwJ97mco+IC58eq7c96yj3i 0TUbfet9MDlcaD1mrCvIOw== 0001179110-07-001984.txt : 20070126 0001179110-07-001984.hdr.sgml : 20070126 20070126144250 ACCESSION NUMBER: 0001179110-07-001984 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060207 FILED AS OF DATE: 20070126 DATE AS OF CHANGE: 20070126 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FORSYTH STEPHEN C CENTRAL INDEX KEY: 0001235218 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08472 FILM NUMBER: 07556057 MAIL ADDRESS: STREET 1: C/O HEXCEL CORP STREET 2: 281 TRESSER BLVD CITY: STAMFORD STATE: CT ZIP: 06901 4/A 1 edgar.xml FORM 4/A - X0202 4/A 2006-02-07 2006-02-10 0 0000717605 HEXCEL CORP /DE/ HXL 0001235218 FORSYTH STEPHEN C HEXCEL CORPORATION 281 TRESSER BLVD. STAMFORD CT 06901 0 1 0 0 Exec. Vice President and CFO Common Stock 2006-02-07 4 M 0 1482 0 A 159174 D Common Stock 2006-02-07 4 F 0 458 22.00 D 158716 D Performance Accelerated Restricted Stock Units 2006-02-07 4 M 0 1482 0 D 2006-02-07 2008-01-01 Common Stock 1482 11318 D The Common Stock was acquired upon the conversion of Performance Accelerated Restricted Stock Units ("PARs") in accordance with the terms of the underlying agreement. The PARs were granted in a transaction exempt under Rule 16b. The original Form 4 filed on February 9, 2006, and an amended Form 4, filed on February 10, 2006, erroneously reported that all 12,800 PARS converted and that 3,956 shares were withheld as payment of tax withholding required upon conversion of PARS. The actual number of PARS that converted is 1,482, and the actual number of shares that was withheld as payment of tax withholding is 458. The number of shares held by the reporting person following the reported transaction was erroneously reported as 166,536; the correct number was 158,716. All subsequent Form 4s filed by the reporting person erroneously reported that the reporting person held 7,820 more shares than the number of shares actually held by the reporting person. The Common Stock was withheld as payment of tax withholding required upon conversion of PARs. The PARs were granted in a transaction exempt under Rule 16b. Upon vesting, PARs are converted into an equivalent number of shares of Common Stock that are distributed to the grantee. The performance condition set forth in the PARS was satisfied on February 7, 2006. The terms of the PARS agreement specifies that the PARS would convert on January 1, 2008 or, if the performance condition was met earlier, at the time the performance condition was met. However, the PARS agreement also provides that notwithstanding the forgoing, conversion of PARS will be delayed to the extent necessary to ensure that Hexcel can deduct the compensation expense associated with the conversion of the PARS. This proviso was applicable in 2006 to prevent conversion of 11,318 of the PARS. /s/Stephen C. Forsyth by Seth L. Kaplan, Attorney-in-fact 2007-01-26 -----END PRIVACY-ENHANCED MESSAGE-----