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: 2019-01-26

Reporting Person: Winterlich Patrick (EVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-26	Common Stock	M	3423	$0.00	Acquired	10705	Direct
2019-01-26	Common Stock	F	1583	$65.86	Disposed	9122	Direct
2019-01-26	Common Stock	M	290	$0.00	Acquired	9412	Direct
2019-01-26	Common Stock	F	131	$65.86	Disposed	9281	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-26	Restricted Stock Units	$	M	3423	Disposed		Common Stock (3423)	Direct
2019-01-26	Restricted Stock Units	$	M	290	Disposed		Common Stock (290)	Direct
2019-01-28	Restricted Stock Units	$	A	2939	Acquired		Common Stock (2939)	Direct
2019-01-28	Non-Qualified Stock Options	$65.56	A	12621	Acquired	2029-01-28	Common Stock (12621)	Direct

Footnotes

F1: Represents shares of common stock of the issuer withheld for the payment of taxes due upon conversion of RSUs (as defined below).

F2: Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer.

F3: The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal installments on the first three anniversaries of the grant date.

F4: The non-qualified stock options vest in equal increments on each of the first three anniversaries of the date of grant.