Catherine A. Suever - Jul 2, 2021 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Role
Director
Signature
/s/ Heather M. DeGregorio, as attorney-in-fact for Catherine A. Suever
Stock symbol
HXL
Transactions as of
Jul 2, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 05:16 PM
Previous filing
Jun 2, 2021
Next filing
Jul 12, 2021

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 Award $0 +296 $0.00 296 Jul 2, 2021 Common Stock 296 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2 The restricted stock units (the "RSUs") were granted to the reporting person in lieu of a portion of the quarterly cash retainer earned by the reporting person as a member of the board of directors of the issuer.
F3 The RSUs vest in equal increments on a daily basis over one year and convert into an equivalent number of shares of common stock of the issuer on the first anniversary of the grant date.