Amy S. Evans - Jan 28, 2024 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Amy S. Evans
Stock symbol
HXL
Transactions as of
Jan 28, 2024
Transactions value $
-$66,357
Form type
4
Date filed
1/30/2024, 09:32 PM
Previous filing
Jan 18, 2024
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Tax liability -$57.9K -864 -38.1% $66.96 1.4K Jan 28, 2024 Direct F1
transaction HXL Common Stock Options Exercise $0 +271 +19.3% $0.00 1.68K Jan 28, 2024 Direct
transaction HXL Common Stock Tax liability -$8.5K -127 -7.58% $66.96 1.55K Jan 28, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HXL Restricted Stock Units Options Exercise $0 -271 -100% $0.00* 0 Jan 28, 2024 Common Stock 271 Direct F3, F4
transaction HXL Restricted Stock Units Award $0 +947 $0.00 947 Jan 29, 2024 Common Stock 947 Direct F3, F4
transaction HXL Non-Qualified Stock Options Award $0 +1.3K $0.00 1.3K Jan 29, 2024 Common Stock 1.3K $66.77 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock of the issuer withheld for the payment of taxes due upon the conversion of a performance-based share award ("PSA") reported on the reporting person's Form 4 filed on January 18, 2024.
F2 Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs").
F3 Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
F4 The RSU's vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date.
F5 The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.

Remarks:

Senior Vice President, Chief Accounting Officer