0001209191-20-005753.txt : 20200131
0001209191-20-005753.hdr.sgml : 20200131
20200131160913
ACCESSION NUMBER: 0001209191-20-005753
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200129
FILED AS OF DATE: 20200131
DATE AS OF CHANGE: 20200131
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: 20565181
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
2020-01-29
0
0000717605
HEXCEL CORP /DE/
HXL
0001673727
Merlot Thierry
C/O HEXCEL CORPORATION
281 TRESSER BLVD., 16TH FLOOR
STAMFORD
CT
06901
0
1
0
0
See Remarks
Restricted Stock Units
2020-01-29
4
A
0
903.29
0.00
A
Common Stock
903.29
903.29
D
Restricted Stock Units
2020-01-30
4
A
0
520.05
0.00
A
Common Stock
520.05
520.05
D
Represents shares of common stock of the issuer underlying vested time-based Restricted Stock Units ("RSUs") granted in a transaction exempt under Rule 16b.
Each RSU represents the right to receive one share of common stock of the issuer.
To obtain qualifying tax treatment under French tax law, the shares underlying the RSUs will not be distributed to the reporting person until January 29, 2022.
As previously reported, (i) on January 29, 2018, the reporting person was granted 1,336 RSUs and (ii) following January 29, 2018, the reporting person received aggregate dividend equivalents in the form of 20 additional RSUs. The RSUs vest as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remain subject to a holding period. On January 29, 2020, 903.29 RSUs vested and will be converted into shares of common stock of the issuer and distributed to the reporting person on January 29, 2022.
To obtain qualifying tax treatment under French tax law, the shares underlying the RSUs will not be distributed to the reporting person until January 30, 2021.
As previously reported, (i) on January 30, 2017, the reporting person was granted 1,522 RSUs, (ii) on January 30, 2019, 1,029 RSUs and additional RSUs vested, leaving 515.65 RSUs unvested and (iii) following January 30, 2019, the reporting person received aggregate dividend equivalents in the form of 4.40 additional RSUs. The RSUs vest as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remain subject to a holding period. On January 30, 2020, 520.05 RSUs vested and will be converted into shares of common stock of the issuer and distributed to the reporting person on January 30, 2021.
President, Aerospace - Europe, MEA, and Asia Pacific
/s/ Heather M. DeGregorio, as attorney-in-fact for Thierry Merlot
2020-01-31