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HEXCEL CORP /DE/ — Director's Dealing 2021
Nov 8, 2021
31031_dirs_2021-11-08_40fc961f-b4a1-4111-a71f-1b0e185588c0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2021-11-05
Reporting Person: Stanage Nick L (Director, Chairman, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-05 | Common Stock | M | 46562 | $25.03 | Acquired | 329847 | Direct |
| 2021-11-05 | Common Stock | S | 20517 | $60.79 | Disposed | 309330 | Direct |
| 2021-11-05 | Common Stock | S | 18771 | $61.50 | Disposed | 290559 | Direct |
| 2021-11-05 | Common Stock | S | 7274 | $62.27 | Disposed | 283285 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-05 | Employee Stock Option (Right to Buy) | $25.03 | M | 46562 | Disposed | 2022-01-30 | Common Stock (46562) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2021.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.11 to $61.10, inclusive. The reporting person undertakes to provide to Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.11 to $62.10, inclusive. The reporting person undertakes to provide to Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.12 to $62.38, inclusive. The reporting person undertakes to provide to Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5: The non-qualified stock options vested in equal increments on the first three anniversaries of the grant date. The date shown in Table II is the first anniversary of the grant date.