HEXCEL CORP /DE/ — Director's Dealing 2017

May 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2017-05-04

Reporting Person: GRAVES JEFFREY A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-04	Restricted Stock Units	$0	A	2072	Acquired		Common Stock (2072)	Direct

Footnotes

F1: RSUs granted under the Hexcel Corporation 2013 Incentive Stock Plan in a transaction exempt under Rule 16b.

F2: The RSUs vest ratably over the one year period following the grant date which was May 4, 2017, and convert into an equal number of shares of common stock at such time as the grantee ceases to be a member of Hexcel's Board of Directors. Vesting and conversion are subject to certain acceleration and termination provisions.