Brett Raymond Schneider Form 3 HEXCEL / Brett Raymond Schneider ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Schneider Brett Raymond

(Last) (First) (Middle)

281 TRESSER BLVD.

(Street)

STAMFORD CT 06901

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2018

3. Issuer Name and Ticker or Trading Symbol
HEXCEL CORP /DE/ [ HXL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President, Global Fibers

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	6,756(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(2)	(3)	01/27/2018	Common Stock	270.58	0	D
Restricted Stock Units(2)	(3)	01/26/2019	Common Stock	591.82	0	D
Restricted Stock Units(2)	(3)	01/30/2020	Common Stock	800.25	0	D
Non-Qualified Stock Option(4)	(5)	01/31/2021	Common Stock	5,618	19.02	D
Non-Qualified Stock Option(4)	(5)	01/30/2022	Common Stock	4,417	25.03	D
Non-Qualified Stock Option(4)	(5)	01/28/2023	Common Stock	4,536	28.27	D
Non-Qualified Stock Option(4)	(5)	01/28/2024	Common Stock	2,534	43.01	D
Non-Qualified Stock Option(4)	(5)	01/27/2025	Common Stock	3,429	43.96	D
Non-Qualified Stock Option(4)	(5)	01/26/2026	Common Stock	3,501	41.71	D
Non-Qualified Stock Option(4)	(5)	01/30/2027	Common Stock	3,311	50.5	D

Explanation of Responses:

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

2. 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.

3. 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.

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

5. 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.

	/s/ Brett Schneider by Adam P. Gold, Attorney-in-fact	01/02/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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