Patrick Winterlich - 28 Jan 2024 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Role
EVP, CFO
Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Patrick Winterlich
Issuer symbol
HXL
Transactions as of
28 Jan 2024
Net transactions value
-$788,303
Form type
4
Filing time
30 Jan 2024, 21:59:18 UTC
Previous filing
18 Jan 2024
Next filing
01 Feb 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 Tax liability $661,498 -9,879 -25% $66.96 30,281 28 Jan 2024 Direct F1
transaction HXL Common Stock Options Exercise $100,858 +2,345 +7.7% $43.01 32,626 28 Jan 2024 Direct
transaction HXL Common Stock Tax liability $130,170 -1,944 -6% $66.96 30,682 28 Jan 2024 Direct
transaction HXL Common Stock Options Exercise $0 +3,141 +10% $0.000000 33,823 28 Jan 2024 Direct
transaction HXL Common Stock Tax liability $97,494 -1,456 -4.3% $66.96 32,367 28 Jan 2024 Direct F2

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 Employee Stock Option (Right to Buy) Options Exercise $0 -2,345 -100% $0.000000* 0 28 Jan 2024 Common Stock 2,345 $43.01 Direct
transaction HXL Non-Qualified Stock Options Award $0 +12,433 $0.000000 12,433 29 Jan 2024 Common Stock 12,433 $66.77 Direct F3
transaction HXL Restricted Stock Units Award $0 +4,519 $0.000000 4,519 29 Jan 2024 Common Stock 4,519 $0.000000 Direct F4, F5
transaction HXL Restricted Stock Units Options Exercise $0 -3,141 -100% $0.000000* 0 28 Jan 2024 Common Stock 3,141 $0.000000 Direct F6
* 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 the conversion of a performance-based share award reported on the reporting person's Form 4 filed on January 18, 2024.
F2 Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs").
F3 The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.
F4 Each RSU represents a conditional right to recieve one share of common stock of the issuer.
F5 The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date.
F6 Each restricted stock unit represents a conditional right to receive one share of common stock of the issuer.