HEXCEL CORP /DE/ — Director's Dealing 2020

Jan 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEXCEL CORP /DE/ (HXL)
CIK: 0000717605
Period of Report: 2020-01-21

Reporting Person: Merlot Thierry (See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-21	Performance-Based Share Award	$	A	3207	Acquired		Common Stock (3207)	Direct

Footnotes

F1: Represents shares of common stock of the issuer underlying a vested performance-based share award ("PSA") based on the level of attainment of specified financial performance criteria set forth in the underlying performance-based award agreement, dated January 30, 2017.

F2: Each PSA represents the right to receive one share of common stock of the issuer.

F3: To obtain qualifying tax treatment under French tax law, the shares underlying the PSA will not be distributed to the reporting person until January 21, 2021.