Thierry Merlot - 31 Jan 2024 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Thierry Merlot
Issuer symbol
HXL
Transactions as of
31 Jan 2024
Net transactions value
$0
Form type
4
Filing time
01 Feb 2024, 16:20:23 UTC
Previous filing
30 Jan 2024
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +1,934 +3.7% $0.000000 54,871 31 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 Restricted Stock Units Options Exercise $0 -1,934 -67% $0.000000 968 31 Jan 2024 Common Stock 1,934 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.
F2 The RSUs vest as to two-thirds on the second anniversary of the date of grant, and the remaining one-third on the third anniversary of the date of grant, and convert into an equivalent number of shares of common stock of the issuer.

Remarks:

President, Aerospace - Europe, MEA and Asia Pacific and Industrial