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

Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage
Issuer symbol
HXL
Transactions as of
28 Jan 2024
Net transactions value
-$4,688,016
Form type
4
Filing time
30 Jan 2024, 21:34:49 UTC
Previous filing
18 Jan 2024
Next filing
15 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Tax liability $4,296,087 -64,159 -15% $66.96 370,812 28 Jan 2024 Direct F1
transaction HXL Common Stock Options Exercise $1,501,565 +34,912 +9.4% $43.01 405,724 29 Jan 2024 Direct
transaction HXL Common Stock Tax liability $1,893,495 -28,278 -7% $66.96 377,446 29 Jan 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 -34,912 -100% $0.000000* 0 28 Jan 2024 Common Stock 34,912 $43.01 Direct
transaction HXL Non-Qualified Stock Options Award $0 +68,295 $0.000000 68,295 29 Jan 2024 Common Stock 68,295 $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.