0001179110-16-031408.txt : 20161110 0001179110-16-031408.hdr.sgml : 20161110 20161110174028 ACCESSION NUMBER: 0001179110-16-031408 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161109 FILED AS OF DATE: 20161110 DATE AS OF CHANGE: 20161110 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: Canario Michael CENTRAL INDEX KEY: 0001673578 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08472 FILM NUMBER: 161989359 MAIL ADDRESS: STREET 1: C/O HEXCEL CORPORATION STREET 2: 281 TRESSER BLVD. CITY: STAMFORD STATE: CT ZIP: 06901-3261 4 1 edgar.xml FORM 4 - X0306 4 2016-11-09 0 0000717605 HEXCEL CORP /DE/ HXL 0001673578 Canario Michael HEXCEL CORPORATION 281 TRESSER BLVD. STAMFORD CT 06901 0 1 0 0 President, Aerospace -Americas Restricted Stock Units 2016-11-09 4 A 0 .83 A Common Stock .83 359.4 D Restricted Stock Units 2016-11-09 4 A 0 1.74 A Common Stock 1.74 755.85 D Restricted Stock Units 2016-11-09 4 A 0 3.13 A Common Stock 3.13 1363.26 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. On January 28, 2014, the reporting person was granted 1,061 RSUs, 354 of which vested on January 28, 2015 and converted into shares of common stock on such date, and 355 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 0.83 dividend equivalent rights reflect dividend equivalent rights at $47.73 per RSU owned by the reporting person on the record date and credited to the reporting person's account on November 9, 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. On January 27, 2015, the reporting person was granted 1,117 RSUs, 375 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 1.74 dividend equivalent rights reflect dividend equivalent rights at $47.73 per RSU owned by the reporting person on the record date and credited to the reporting person's account on November 9, 2016. On January 26, 2016, the reporting person was granted 1,350 RSUs. Dividend equivalent rights accrue with respect to the unvested RSUs when and as dividends are paid on Hexcel common stock. The 3.13 dividend equivalent rights reflect dividend equivalent rights at $47.73 per RSU owned by the reporting person on the record date and credited to the reporting person's account on November 9, 2016. /s/ Michael Canario, by Adam P. Gold, Attorney-in-fact 2016-11-10