Thierry Merlot - 28 Jan 2023 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Role
President, Aerospace - Europe, MEA, and Asia Pacific and Industrial
Signature
/s/ Heather M. DeGregorio, as attorney-in-fact for Thierry Merlot
Issuer symbol
HXL
Transactions as of
28 Jan 2023
Net transactions value
$0
Form type
4
Filing time
31 Jan 2023, 16:05:54 UTC
Previous filing
05 Dec 2022
Next filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +1,801 +4.9% $0.000000 38,812 28 Jan 2023 Direct
transaction HXL Common Stock Options Exercise $0 +3,463 +8.9% $0.000000 42,275 28 Jan 2023 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 -1,801 -100% $0.000000* 0 28 Jan 2023 Common Stock 1,801 Direct F1, F2
transaction HXL Restricted Stock Units Options Exercise $0 -3,463 -67% $0.000000 1,733 28 Jan 2023 Common Stock 3,463 Direct F1, F3
transaction HXL Restricted Stock Units Award $0 +2,093 $0.000000 2,093 30 Jan 2023 Common Stock 2,093 Direct F1, F3
transaction HXL Non-Qualified Stock Options Award $0 +5,370 $0.000000 5,370 30 Jan 2023 Common Stock 5,370 $68.79 Direct F4
* 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 vested as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remained subject to a holding period for French tax law purposes until January 28, 2023.
F3 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.
F4 The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.

Remarks:

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