HEXCEL CORP /DE/ — Director's Dealing 2017

Jan 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2017-01-30

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-30	Non-Qualified Stock Option	$50.50	A	61204	Acquired	2027-01-30	Common Stock (61204)	Direct

Footnotes

F1: Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b.

F2: The NQOs become vested with respect to one-third of the shares of Common Stock subject thereto on each of the first three anniversaries of the date of grant. Vesting of the NQOs is also subject to certain acceleration and termination provisions.