HEXCEL CORP /DE/ — Director's Dealing 2018

Jan 2, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2018-01-01

Reporting Person: Schneider Brett Raymond (President, Global Fibers)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6756	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0	2018-01-27	Common Stock (270.58)		Direct
Restricted Stock Units	$0	2019-01-26	Common Stock (591.82)		Direct
Restricted Stock Units	$0	2020-01-30	Common Stock (800.25)		Direct
Non-Qualified Stock Option	$19.02	2021-01-31	Common Stock (5618)		Direct
Non-Qualified Stock Option	$25.03	2022-01-30	Common Stock (4417)		Direct
Non-Qualified Stock Option	$28.27	2023-01-28	Common Stock (4536)		Direct
Non-Qualified Stock Option	$43.01	2024-01-28	Common Stock (2534)		Direct
Non-Qualified Stock Option	$43.96	2025-01-27	Common Stock (3429)		Direct
Non-Qualified Stock Option	$41.71	2026-01-26	Common Stock (3501)		Direct
Non-Qualified Stock Option	$50.50	2027-01-30	Common Stock (3311)		Direct

Footnotes

F1: Includes units representing 3,214 shares held through the Hexcel Stock Fund under Hexcel Corporation's 401(k) plan.

F2: The RSUs were granted in a transaction exempt under Rule 16b. Upon vesting, RSUs are converted into an equivalent number of shares of Common Stock that are distributed to the grantee.

F3: The RSUs vest and convert into an equivalent number of shares of Common Stock in equal installments on the first three anniversaries from the grant date. Vesting of the RSUs is also subject to certain acceleration and termination provisions.

F4: Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b.

F5: 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.