Catherine A. Suever - Jul 1, 2023 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 1, 2023
Transactions value $
$0
Form type
4
Date filed
7/6/2023, 04:04 PM
Previous filing
Jul 5, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +416 +3.01% $0.00 14.3K Jul 1, 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 -416 -100% $0.00* 0 Jul 1, 2023 Common Stock 416 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 ("RSU") represents a contingent right to receive one share of common stock of the issuer.
F2 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.
F3 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.