SEC Form 4 · accession 0001179110-18-000584

· HXL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO and President · Director

Period of report

Jan 4, 2018

Accepted (ET)

Jan 5, 2018 · 3:51 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000717605

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jan 4, 2018	M	25,000	$10.90	A	179,463	D
Common Stock^F1,F2	Jan 4, 2018	S	25,000	$63.0242	D	154,463	D
Common Stock	holding	—	—		—	32,115	I	By the Nick Stanage 2016 Grantor Retained Annuity Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option^F3,F4	$10.90	Jan 4, 2018	M	25,000	D	—	Feb 1, 2020	Common Stock	25,000	27,174	D

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 31, 2017.
F2The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $63.00 to $63.15, inclusive. The reporting person undertakes to provide Hexcel Corporation, any security holder of Hexcel Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range of this footnote (2).
F3Non-Qualified Options ("NQOs") granted in a transaction exempt under Rule 16b.
F4This Non-Qualified Stock Option became vested with respect to one third of the underlying shares of Common Stock on each of the first three anniversaries of the grant date. The grant date was ten years prior to the expiration date.