HEXCEL CORP /DE/ — Director's Dealing 2023

Jan 31, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2023-01-28

Reporting Person: Merlot Thierry (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-28	Common Stock	M	1801	$0.00	Acquired	38812	Direct
2023-01-28	Common Stock	M	3463	$0.00	Acquired	42275	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-28	Restricted Stock Units	$	M	1801	Disposed		Common Stock (1801)	Direct
2023-01-28	Restricted Stock Units	$	M	3463	Disposed		Common Stock (3463)	Direct
2023-01-30	Restricted Stock Units	$	A	2093	Acquired		Common Stock (2093)	Direct
2023-01-30	Non-Qualified Stock Options	$68.79	A	5370	Acquired	2033-01-30	Common Stock (5370)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.

F2: The RSUs vested as to two-thirds on the second anniversary from the grant date, and one-third on the third anniversary from the grant date, but remained subject to a holding period for French tax law purposes until January 28, 2023.

F3: 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.

F4: The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.