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HEXCEL CORP /DE/ Director's Dealing 2014

May 6, 2014

31031_dirs_2014-05-06_23b18c4a-ded7-4ce7-8e39-f2e45f02aea8.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: 2014-05-02

Reporting Person: Hill David Charles (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-02 Common Stock M 3448 Acquired 3448 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-02 Restricted Stock Units $0 M 3448 Disposed 2014-05-02 Common Stock (3448) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3500 Indirect

Footnotes

F1: The Common Stock was acquired upon the conversion of Restricted Stock Units ("RSUs") in accordance with the terms of the underlying agreement. The RSUs were granted in a transaction exempt under Rule 16b.

F2: On January 23, 2014, 3,500 shares were transferred by the reporting person to the David C. Hill Trust.

F3: RSUs granted under the Hexcel Corporation 2013 Incentive Stock Plan in a transaction exempt under Rule 16b.

F4: The RSUs vested ratably over the one-year period immediately following the grant date, and converted into an equivalent number of shares of Common Stock on the first anniversary of the grant date. The grant date was one year prior to the expiration date.