Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Hendricks Kimberly A.
  2. Issuer Name and Ticker or Trading Symbol
HEXCEL CORP /DE/ [HXL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
See Remarks
(Last)
(First)
(Middle)
HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2018
(Street)

STAMFORD, CT 06901
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) (1) 08/10/2018   A   0.71     (2)   (2) Common Stock 0.71 $ 0 329.95 (3) D  
Restricted Stock Units (1) (1) 08/10/2018   A   1.22     (2)   (2) Common Stock 1.22 $ 0 563.97 (4) D  
Restricted Stock Units (1) (1) 08/10/2018   A   5.14     (2)   (2) Common Stock 5.14 $ 0 2,357.14 (5) D  
Restricted Stock Units (1) (1) 08/10/2018   A   1.39     (2)   (2) Common Stock 1.39 $ 0 639.53 (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Hendricks Kimberly A.
HEXCEL CORPORATION
281 TRESSER BLVD., 16TH FLOOR
STAMFORD, CT 06901
      See Remarks  

Signatures

 /s/ Steven A. Wein, as attorney-in-fact for Kimberly A. Hendricks   08/13/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. Dividend equivalents in the form of additional RSUs ("Additional RSUs") accrue with respect to RSUs (and any Additional RSUs previously accrued) when dividends are paid on shares of common stock of the issuer.
(2) The RSUs and Additional RSUs vest in equal increments on the first three anniversaries of the date of grant and convert into an equivalent number of shares of common stock of the issuer. Upon vesting, all fractional shares underlying the vesting tranche of RSUs and Additional RSUs are cancelled.
(3) As previously reported, (i) on January 26, 2016, the reporting person was granted 967 RSUs pursuant to the Hexcel Corporation 2013 Stock Incentive Plan (the "2013 Plan"), (ii) on January 26, 2017, 326 RSUs and Additional RSUs vested, (iii) on January 26, 2018, 327 RSUs and Additional RSUs vested, leaving an aggregate of 328.04 RSUs and Additional RSUs unvested and (iv) following January 26, 2018, the reporting person received aggregate dividend equivalents in the form of 1.20 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 0.71 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
(4) As previously reported, (i) on January 30, 2017, the reporting person was granted 837 RSUs pursuant to the 2013 Plan, (ii) on January 30, 2018, 281 RSUs and Additional RSUs vested, leaving an aggregate of 560.68 RSUs and Additional RSUs unvested and (iii) following January 30, 2018, the reporting person received aggregate dividend equivalents in the form of 2.07 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 1.22 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
(5) As previously reported, (i) on July 27, 2017, the reporting person was granted 3,500 RSUs pursuant to the 2013 Plan and (ii) on July 27, 2018, 1,176 RSUs and Additional RSUs vested, leaving an aggregate of 2,352 RSUs and Additional RSUs unvested. On August 10, 2018, the reporting person received dividend equivalents in the form of 5.14 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
(6) As previously reported, (i) on January 29, 2018, the reporting person was granted 637 RSUs pursuant to the 2013 Plan and (ii) following January 29, 2018, the reporting person received aggregate dividend equivalents in the form of 1.14 Additional RSUs. On August 10, 2018, the reporting person received dividend equivalents in the form of 1.39 Additional RSUs, based on the $68.63 market price per underlying share on the dividend payment date.
 
Remarks:
SVP, Corp. Controller & CAO

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