HEXCEL CORP /DE/ — Director's Dealing 2017

Dec 14, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2017-12-12

Reporting Person: Stanage Nick L (Director, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-12	Common Stock	M	7000	$10.9	Acquired	161463	Direct
2017-12-12	Common Stock	S	3800	$62	Disposed	157663	Direct
2017-12-12	Common Stock	S	3200	$62.011	Disposed	154463	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-12	Non-Qualified Stock Option	$10.9	M	7000	Disposed	2020-02-01	Common Stock (7000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	32115	Indirect

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 31, 2017.

F2: Mr. Stanage contributed 32,115 shares of common stock to the Nick Stanage 2016 Grantor Retained Annuity Trust for the benefit of himself and his son, David L. Stanage.

F3: Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b.

F4: This Non-Qualified Stock Option became vested with respect to one third of the underlying shares of Common Stock on each of the first three anniversaries of the grant date. The grant date was ten years prior to the expiration date.