0001179110-16-019247.txt : 20160216
0001179110-16-019247.hdr.sgml : 20160215
20160216145001
ACCESSION NUMBER: 0001179110-16-019247
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160212
FILED AS OF DATE: 20160216
DATE AS OF CHANGE: 20160216
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: Pensky Wayne C
CENTRAL INDEX KEY: 0001396157
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08472
FILM NUMBER: 161426850
MAIL ADDRESS:
STREET 1: 281 TRESSER BOULEVARD
CITY: STAMFORD
STATE: CT
ZIP: 06901
4
1
edgar.xml
FORM 4 -
X0306
4
2016-02-12
0
0000717605
HEXCEL CORP /DE/
HXL
0001396157
Pensky Wayne C
HEXCEL CORPORATION
281 TRESSER BLVD.
STAMFORD
CT
06901
0
1
0
0
SVP, CFO
Restricted Stock Units
2016-02-12
4
A
0
4.01
A
Common Stock
4.01
1595
D
Restricted Stock Units
2016-02-12
4
A
0
8.62
A
Common Stock
8.62
3424.14
D
Restricted Stock Units
2016-02-12
4
A
0
14.23
A
Common Stock
14.23
5651.23
D
The underlying Restricted Stock Units ("RSUs") were granted in a transaction exempt under Rule 16b. Upon vesting, RSUs are converted into an equivalent number of shares of Common Stock that are distributed to the grantee.
As previously reported, on January 28, 2014, the reporting person was granted 4,736 RSUs, 1,579 of which vested on January 28, 2015 and converted into shares of common stock on such date, and 1,591 of which vested on January 28, 2016 and converted into shares of common stock on such date. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 4.01 dividend equivalent rights reflect dividend equivalent rights at $39.61 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 12, 2016.
The underlying RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on the first three anniversaries from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions.
As previously reported, on January 27, 2015, the reporting person was granted 5,094 RSUs, 1,709 of which vested on January 27, 2016 and converted into shares of common stock on such date. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 8.62 dividend equivalent rights reflect dividend equivalent rights at $39.61 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 12, 2016.
As previously reported, on January 26, 2016, the reporting person was granted 5,637 RSUs. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 14.23 dividend equivalent rights reflect dividend equivalent rights at $39.61 per RSU owned by the reporting person on the record date and credited to the reporting person's account on February 12, 2016.
/s/ Wayne C. Pensky, by Adam P. Gold, Attorney-in-fact
2016-02-16