Hexcel director granted 1,792 RSUs
Cannon James J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Cannon James J reported acquisition or exercise transactions in this Form 4 filing.
Hexcel Corp director James J. Cannon received a grant of 1,792 restricted stock units, each tied to one share of common stock. The RSUs vest on the earlier of the first anniversary of the grant date or just before the next annual stockholders’ meeting. Under Cannon’s deferral election, the vested units will be settled in shares only after he ceases to serve on Hexcel’s board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,792 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
- F2. The RSUs vest on the earlier of (a) the first anniversary of the grant date and (b) the date immediately prior to the next annual meeting of stockholders following the grant date and, in accordance with the reporting person's deferral election, will be converted into an equivalent number of shares of common stock of the issuer following the date the reporting person ceases to be a member of the board of directors of the issuer.
Key Figures
Key Terms
Restricted Stock Units financial
RSU financial
deferral election financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Hexcel (HXL) director James J. Cannon report?
How many Hexcel (HXL) restricted stock units did James J. Cannon receive?
When do James J. Cannon’s Hexcel (HXL) RSUs vest?
Is James J. Cannon’s Hexcel (HXL) Form 4 transaction a stock purchase or sale?
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