Thierry Merlot - Oct 24, 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
Oct 24, 2023
Transactions value $
$0
Form type
4
Date filed
10/25/2023, 06:36 PM
Previous filing
Feb 24, 2023
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +2.51K +6.77% $0.00 39.5K Oct 24, 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 -2.51K -50% $0.00 2.51K Oct 24, 2023 Common Stock 2.51K Direct F1, F2
* 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 vest as to 50% on the third anniversary of the date of grant, and the remaining 50% of the RSUs vest ratably on each of the fourth, fifth and sixth anniversaries of the date of grant, and convert into an equivalent number of shares of common stock of the issuer.

Remarks:

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