Nick L. Stanage - Nov 5, 2021 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Role
Chairman, CEO and President, Director
Signature
/s/ Heather M. DeGregorio, as attorney-in-fact for Nick L. Stanage
Stock symbol
HXL
Transactions as of
Nov 5, 2021
Transactions value $
-$1,689,150
Form type
4
Date filed
11/8/2021, 04:41 PM
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $1.17M +46.6K +16.44% $25.03 330K Nov 5, 2021 Direct F1
transaction HXL Common Stock Sale -$1.25M -20.5K -6.22% $60.79 309K Nov 5, 2021 Direct F1, F2
transaction HXL Common Stock Sale -$1.15M -18.8K -6.07% $61.50 291K Nov 5, 2021 Direct F1, F3
transaction HXL Common Stock Sale -$453K -7.27K -2.5% $62.27 283K Nov 5, 2021 Direct F1, F4

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 -46.6K -100% $0.00* 0 Nov 5, 2021 Common Stock 46.6K $25.03 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.11 to $61.10, inclusive. The reporting person undertakes to provide to Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.11 to $62.10, inclusive. The reporting person undertakes to provide to Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.12 to $62.38, inclusive. The reporting person undertakes to provide to Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The non-qualified stock options vested in equal increments on the first three anniversaries of the grant date. The date shown in Table II is the first anniversary of the grant date.