Nick L. Stanage - Jan 28, 2024 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Role
Chairman, CEO and President
Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage
Stock symbol
HXL
Transactions as of
Jan 28, 2024
Transactions value $
-$4,688,016
Form type
4
Date filed
1/30/2024, 09:34 PM
Previous filing
Jan 18, 2024
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Tax liability -$4.3M -64.2K -14.75% $66.96 371K Jan 28, 2024 Direct F1
transaction HXL Common Stock Options Exercise $1.5M +34.9K +9.42% $43.01 406K Jan 29, 2024 Direct
transaction HXL Common Stock Tax liability -$1.89M -28.3K -6.97% $66.96 377K Jan 29, 2024 Direct

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 Employee Stock Option (Right to Buy) Options Exercise $0 -34.9K -100% $0.00* 0 Jan 28, 2024 Common Stock 34.9K $43.01 Direct
transaction HXL Non-Qualified Stock Options Award $0 +68.3K $0.00 68.3K Jan 29, 2024 Common Stock 68.3K $66.77 Direct F2
* 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 reported on the reporting person's Form 4 filed on January 18, 2024.
F2 The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.