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HEXCEL CORP /DE/ — Director's Dealing 2024
Jan 31, 2024
31031_dirs_2024-01-30_dc2e7aaa-b84d-4afe-9ff4-8fbb60048fde.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: 2024-01-28
Reporting Person: Winterlich Patrick (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-28 | Common Stock | F | 9879 | $66.96 | Disposed | 30281 | Direct |
| 2024-01-28 | Common Stock | M | 2345 | $43.01 | Acquired | 32626 | Direct |
| 2024-01-28 | Common Stock | F | 1944 | $66.96 | Disposed | 30682 | Direct |
| 2024-01-28 | Common Stock | M | 3141 | — | Acquired | 33823 | Direct |
| 2024-01-28 | Common Stock | F | 1456 | $66.96 | Disposed | 32367 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-28 | Employee Stock Option (Right to Buy) | $43.01 | M | 2345 | Disposed | 2024-01-28 | Common Stock (2345) | Direct |
| 2024-01-29 | Non-Qualified Stock Options | $66.77 | A | 12433 | Acquired | 2034-01-29 | Common Stock (12433) | Direct |
| 2024-01-29 | Restricted Stock Units | $0 | A | 4519 | Acquired | Common Stock (4519) | Direct | |
| 2024-01-28 | Restricted Stock Units | $0 | M | 3141 | Disposed | Common Stock (3141) | Direct |
Footnotes
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: The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.
F4: Each RSU represents a conditional right to recieve one share of common stock of the issuer.
F5: 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.
F6: Each restricted stock unit represents a conditional right to receive one share of common stock of the issuer.