Catherine A. Suever - 14 Jul 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
Issuer symbol
HXL
Transactions as of
14 Jul 2023
Net transactions value
$0
Form type
4
Filing time
17 Jul 2023, 17:03:39 UTC
Previous filing
06 Jul 2023
Next filing
03 Oct 2023

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 Award $0 +288 $0.000000 288 14 Jul 2023 Common Stock 288 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 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.
F3 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.