0001209191-22-006045.txt : 20220201
0001209191-22-006045.hdr.sgml : 20220201
20220201184039
ACCESSION NUMBER: 0001209191-22-006045
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220128
FILED AS OF DATE: 20220201
DATE AS OF CHANGE: 20220201
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: 22580684
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
2022-01-28
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
Common Stock
2022-01-29
4
M
0
1359
0.00
A
35384
D
Restricted Stock Units
2022-01-28
4
A
0
597.14
0.00
A
Common Stock
597.14
1789.36
D
Restricted Stock Units
2022-01-28
4
M
0
597.14
0.00
D
Common Stock
597.14
0
D
Restricted Stock Units
2022-01-29
4
M
0
1359.03
0.00
D
Common Stock
1359.03
0
D
Restricted Stock Units
2022-01-31
4
A
0
2902
0.00
A
Common Stock
2902
2902
D
Non-Qualified Stock Options
52.17
2022-01-31
4
A
0
10610
0.00
A
2032-01-31
Common Stock
10610
10610
D
Represents shares of common stock of the issuer underlying time-based restricted stock units ("RSUs") that have vested but have not been distributed.
Each RSU represents a conditional right to receive one share of common stock of the issuer.
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. To obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs will not be distributed to the reporting person until January 28, 2023.
As previously reported, on January 28, 2019, the reporting person was granted 1,774 RSUs, and following January 28, 2019, the reporting person received 15.36 aggregate dividend equivalents in the form of additional RSUs. On January 28, 2021, 1192.22 RSUs vested and on January 28, 2022 the remaining 597.14 RSUs vested. To obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs will not be distributed to the reporting person until January 28, 2023.
The RSUs vested as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remained subject to a holding period until January 29, 2022 to obtain qualifying tax treatment under French tax law.
The RSUs vested as to two-thirds on the second anniversary of the grant date, and one-third on the third anniversary of the grant date, but to obtain qualifying tax treatment under French tax law, the shares underlying the vested RSUs were withheld from distribution to the reporting person until January 29, 2022.
The RSUs vest as to two-thirds on the second anniversary of the date of grant, and the remaining one-third on the third anniversary of the date of grant, and convert into an equivalent number of shares of common stock of the issuer.
The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.
President, Aerospace - Europe, MEA, and Asia Pacific and Industrial
/s/ Heather M. DeGregorio, as attorney-in-fact for Thierry Merlot
2022-02-01