Sec Form 4/A Filing - Lehman Gail E @ HEXCEL CORP /DE/ - 2021-01-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lehman Gail E
2. Issuer Name and Ticker or Trading Symbol
HEXCEL CORP /DE/ [ HXL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
See Remarks
(Last) (First) (Middle)
C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/28/2021
(Street)
STAMFORD, CT06901
4. If Amendment, Date Original Filed (MM/DD/YY)
02/01/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 01/28/2021 F 379 ( 2 ) D $ 44.9 7,825 ( 2 ) D
Common Stock 01/29/2021 M 713 A $ 0 8,538 ( 2 ) D
Common Stock ( 1 ) 01/29/2021 F 331 ( 2 ) D $ 43.66 8,207 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) ( 3 ) 01/28/2021 A 6,746 ( 4 ) ( 5 ) ( 5 ) Common Stock 6,746 ( 4 ) $ 0 6,746 ( 4 ) D
Non-Qualified Stock Options $ 44.9 01/28/2021 A 25,078 ( 6 ) ( 7 ) 01/28/2031 Common Stock 25,078 ( 6 ) $ 0 25,078 ( 6 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lehman Gail E
C/O HEXCEL CORPORATION
281 TRESSER BLVD., 16TH FLOOR
STAMFORD, CT06901
See Remarks
Signatures
/s/ Heather M. DeGregorio, as attorney-in-fact for Gail E. Lehman 02/08/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of restricted stock units ("RSUs").
( 2 )This amendment is being filed to correct an administrative error which resulted in the amount of shares withheld for the payment of taxes due upon vesting of the RSUs being misreported. The number of shares beneficially owned following this transaction were therefore also misreported and accordingly have been updated in this amendment. The number of RSUs that vested remains unchanged from the filing of the original Form 4.
( 3 )Each RSU represents a conditional right to receive one share of common stock of the issuer.
( 4 )This amendment is being filed to correct an administrative error which resulted in the number of RSUs granted being misreported.
( 5 )The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal installments on the first three anniversaries of the grant date.
( 6 )This amendment is being filed to correct an administrative error which resulted in the number of non-qualified stock options granted being misreported.
( 7 )The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.

Remarks:
EVP, General Counsel and Secretary

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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