Gail E. Lehman - 28 Jan 2023 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Signature
/s/ Heather M. DeGregorio, as attorney-in-fact for Gail E. Lehman
Issuer symbol
HXL
Transactions as of
28 Jan 2023
Transactions value $
-$73,780
Form type
4
Filing time
31 Jan 2023, 16:06:21 UTC
Previous filing
08 Dec 2022
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +2,249 +35.9% $0 8,513 28 Jan 2023 Direct
transaction HXL Common Stock Tax liability -$73,779 -1,089 -12.79% $67.75 7,424 28 Jan 2023 Direct F1

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 -2,249 -50.01% $0 2,248 28 Jan 2023 Common Stock 2,249 Direct F2, F3
transaction HXL Restricted Stock Units Award $0 +2,905 $0 2,905 30 Jan 2023 Common Stock 2,905 Direct F2, F3
transaction HXL Non-Qualified Stock Options Award $0 +7,456 $0 7,456 30 Jan 2023 Common Stock 7,456 $68.79 Direct F4
* 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 conversion of restricted stock units ("RSUs").
F2 Each RSU represents a conditional right to receive one share of common stock of the issuer.
F3 The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal installments on the first three anniversaries of the grant date.
F4 The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.

Remarks:

EVP, General Counsel and Secretary