Gail E. Lehman - 28 Jan 2024 Form 4 Insider Report for HEXCEL CORP /DE/ (HXL)

Role
Executive Vice President, General Counsel and Secretary
Signature
/s/Heather M. DeGregorio, as attorney-in-fact for Gail E. Lehman
Issuer symbol
HXL
Transactions as of
28 Jan 2024
Net transactions value
-$547,934
Form type
4
Filing time
30 Jan 2024, 21:33:28 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 $478,161 -7,141 -32% $66.96 14,981 28 Jan 2024 Direct F1
transaction HXL Common Stock Options Exercise $0 +2,248 +15% $0.000000 17,229 28 Jan 2024 Direct
transaction HXL Common Stock Tax liability $69,772 -1,042 -6% $66.96 16,187 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 Restricted Stock Units Options Exercise $0 -2,248 -100% $0.000000* 0 28 Jan 2024 Common Stock 2,248 Direct F3, F4
transaction HXL Restricted Stock Units Award $0 +3,098 $0.000000 3,098 29 Jan 2024 Common Stock 3,098 Direct F3, F4
transaction HXL Non-Qualified Stock Options Award $0 +8,524 $0.000000 8,524 29 Jan 2024 Common Stock 8,524 $66.77 Direct F5
* 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 Each RSU represents a conditional right to recieve one share of common stock of the issuer.
F4 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.
F5 The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.

Remarks:

Executive Vice President, General Counsel and Secretary