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

Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Amy S. Evans
Issuer symbol
HXL
Transactions as of
28 Jan 2024
Net transactions value
-$66,357
Form type
4
Filing time
30 Jan 2024, 21:32:55 UTC
Previous filing
18 Jan 2024
Next filing
01 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Tax liability $57,853 -864 -38% $66.96 1,404 28 Jan 2024 Direct F1
transaction HXL Common Stock Options Exercise $0 +271 +19% $0.000000 1,675 28 Jan 2024 Direct
transaction HXL Common Stock Tax liability $8,504 -127 -7.6% $66.96 1,548 28 Jan 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% $0.000000* 0 28 Jan 2024 Common Stock 271 Direct F3, F4
transaction HXL Restricted Stock Units Award $0 +947 $0.000000 947 29 Jan 2024 Common Stock 947 Direct F3, F4
transaction HXL Non-Qualified Stock Options Award $0 +1,303 $0.000000 1,303 29 Jan 2024 Common Stock 1,303 $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