Gail E. Lehman - Jan 28, 2023 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Signature
/s/ Heather M. DeGregorio, as attorney-in-fact for Gail E. Lehman
Stock symbol
HXL
Transactions as of
Jan 28, 2023
Transactions value $
-$73,780
Form type
4
Date filed
1/31/2023, 04:06 PM
Previous filing
Dec 8, 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 +2.25K +35.9% $0.00 8.51K Jan 28, 2023 Direct
transaction HXL Common Stock Tax liability -$73.8K -1.09K -12.79% $67.75 7.42K Jan 28, 2023 Direct F1

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 -2.25K -50.01% $0.00 2.25K Jan 28, 2023 Common Stock 2.25K Direct F2, F3
transaction HXL Restricted Stock Units Award $0 +2.91K $0.00 2.91K Jan 30, 2023 Common Stock 2.91K Direct F2, F3
transaction HXL Non-Qualified Stock Options Award $0 +7.46K $0.00 7.46K Jan 30, 2023 Common Stock 7.46K $68.79 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs").
F2 Each RSU represents a conditional right to receive one share of common stock of the issuer.
F3 The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal installments on the first three anniversaries of the grant date.
F4 The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.

Remarks:

EVP, General Counsel and Secretary