0001209191-19-029666.txt : 20190514 0001209191-19-029666.hdr.sgml : 20190514 20190514163341 ACCESSION NUMBER: 0001209191-19-029666 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190510 FILED AS OF DATE: 20190514 DATE AS OF CHANGE: 20190514 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: 19823245 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 2019-05-10 0 0000717605 HEXCEL CORP /DE/ HXL 0001673680 Swords Timothy C/O HEXCEL CORPORATION 281 TRESSER BLVD., 16TH FLOOR STAMFORD CT 06901 0 1 0 0 President, Industrial Restricted Stock Units 2019-05-10 4 A 0 0.78 0.00 A Common Stock 0.78 375.09 D Restricted Stock Units 2019-05-10 4 A 0 1.19 0.00 A Common Stock 1.19 567.99 D Restricted Stock Units 2019-05-10 4 A 0 2.04 0.00 A Common Stock 2.04 971.04 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. As previously reported, (i) on January 30, 2017, the reporting person was granted 1,106 RSUs pursuant to the Hexcel Corporation 2013 Stock Incentive Plan (the "2013 Plan"), (ii) on January 30, 2018, 371 RSUs and Additional RSUs vested, (iii) on January 30, 2019, 374 RSUs and Additional RSUs vested, leaving 373.53 RSUs and Additional RSUs unvested and (iv) following January 30, 2019, the reporting person received aggregate dividend equivalents in the form of 0.78 Additional RSUs. On May 10, 2019, the reporting person received dividend equivalents in the form of 0.78 Additional RSUs, based on the $71.11 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, (ii) on January 29, 2019, 283 RSUs and Additional RSUs vested, leaving 565.61 RSUs and Additional RSUs unvested and (iii) following January 29, 2019, the reporting person received aggregate dividend equivalents in the form of 1.19 Additional RSUs. On May 10, 2019, the reporting person received dividend equivalents in the form of 1.19 Additional RSUs, based on the $71.11 market price per underlying share on the dividend payment date. As previously reported, on January 28, 2019, the reporting person was granted 969 RSUs pursuant to the 2013 Plan. On May 10, 2019, the reporting person received dividend equivalents in the form of 2.04 Additional RSUs, based on the $71.11 market price per underlying share on the dividend payment date. /s/ Heather M. DeGregorio, as attorney-in-fact for Timothy Swords 2019-05-14