Thierry Merlot - Jan 28, 2024 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
Jan 28, 2024
Transactions value $
$0
Form type
4
Date filed
1/30/2024, 09:32 PM
Previous filing
Jan 18, 2024
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HXL Common Stock Options Exercise $0 +1.73K +3.38% $0.00 52.9K Jan 28, 2024 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 -1.73K -100% $0.00* 0 Jan 28, 2024 Common Stock 1.73K Direct F1, F2
transaction HXL Restricted Stock Units Award $0 +2.45K $0.00 2.45K Jan 29, 2024 Common Stock 2.45K Direct F1, F2
transaction HXL Non-Qualified Stock Options Award $0 +6.74K $0.00 6.74K Jan 29, 2024 Common Stock 6.74K $66.77 Direct F3
* 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 two-thirds on the second anniversary of the date of grant, and the remaining one-third on the third anniversary of the date of grant, and convert into an equivalent number of shares of common stock of the issuer.
F3 The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.

Remarks:

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