HEXCEL CORP /DE/ — Director's Dealing 2019

Jan 30, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2019-01-28

Reporting Person: Merlot Thierry (See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-28	Restricted Stock Units	$	A	1774	Acquired		Common Stock (1774)	Direct
2019-01-28	Non-Qualified Stock Options	$65.56	A	7620	Acquired	2029-01-28	Common Stock (7620)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.

F2: The RSUs vest as to two-thirds on the second anniversary of the date of grant, and the remaining one-third on the third anniversary of the date of grant, and convert into an equivalent number of shares of common stock of the issuer.

F3: The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.