Thierry Merlot - 24 Oct 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
Issuer symbol
HXL
Transactions as of
24 Oct 2023
Net transactions value
$0
Form type
4
Filing time
25 Oct 2023, 18:36:57 UTC
Previous filing
24 Feb 2023
Next filing
18 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +2,505 +6.8% $0.000000 39,515 24 Oct 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 -2,505 -50% $0.000000 2,505 24 Oct 2023 Common Stock 2,505 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