Thierry Merlot - Jan 28, 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
Stock symbol
HXL
Transactions as of
Jan 28, 2023
Transactions value $
$0
Form type
4
Date filed
1/31/2023, 04:05 PM
Previous filing
Dec 5, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +1.8K +4.87% $0.00 38.8K Jan 28, 2023 Direct
transaction HXL Common Stock Options Exercise $0 +3.46K +8.92% $0.00 42.3K Jan 28, 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 -1.8K -100% $0.00* 0 Jan 28, 2023 Common Stock 1.8K Direct F1, F2
transaction HXL Restricted Stock Units Options Exercise $0 -3.46K -66.65% $0.00 1.73K Jan 28, 2023 Common Stock 3.46K Direct F1, F3
transaction HXL Restricted Stock Units Award $0 +2.09K $0.00 2.09K Jan 30, 2023 Common Stock 2.09K Direct F1, F3
transaction HXL Non-Qualified Stock Options Award $0 +5.37K $0.00 5.37K Jan 30, 2023 Common Stock 5.37K $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