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OMB APPROVAL
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OMB Number 3235-0104
Expires: December 31, 2001
Estimated average burden
hours per response ....... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF 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(F) OF THE INVESTMENT COMPANY ACT OF 1940
(Print or Type Response)
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1. Name and Address of Reporting Person*
Sacerdote Peter M.
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(Last) (First) (Middle)
c/o Goldman, Sachs & Co.
85 Broad Street
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(Street)
New York New York 10004
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
12/19/00
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3. IRS or Identification Number of Reporting Person, if an entity (Voluntary)
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4. Issuer Name AND Ticker or Trading Symbol
Hexcel Corporation (NYSE:HXL)
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5 Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[ X ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock, par value
$0.01 per share 14,525,000(1) I(1) (1)
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</TABLE>
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).
Page 1 of 4
<PAGE>
FORM 3 (continued)
TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
1. Title of Derivative Date Expira- Number Price of Indirect Beneficial
Security Exer- tion of Derivative (I) Ownership
(Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
See attached pages.
/s/ Roger S. Begelman December 29, 2000
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**Signature of Reporting Person Date
Peter M. Sacerdote by Attorney-in-fact
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays
a currently valid OMB Number.
Page 2 of 4
<PAGE>
Item 1: Peter M. Sacerdote
c/o Goldman, Sachs & Co.
85 Broad Street
New York, NY 10004
Item 2: December 19, 2000
Item 4: Hexcel Corporation (HXL)
Form 3
Explanation of Responses
(1) The Reporting Person is a managing director of Goldman, Sachs &
Co. ("Goldman, Sachs"). Goldman Sachs is an indirect wholly-owned
subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The
Reporting Person disclaims beneficial ownership of the securities
reported herein except to the extent of his pecuniary interest
therein, if any. As of December 19, 2000, Goldman Sachs and GS
Group may be deemed to own beneficially and indirectly in the
aggregate 14,525,000 shares of Common Stock through certain
investment partnerships and limited liability companies of which
Goldman Sachs or affiliates of Goldman Sachs and GS Group are the
general partner, managing general partner, managing partner,
managing member, manager or investment manager.
Page 3 of 4
<PAGE>
Item 1: Peter M. Sacerdote
c/o Goldman, Sachs & Co.
85 Broad Street
New York, NY 10004
Item 2: December 19, 2000
Item 4: Hexcel Corporation (HXL)
POWER OF ATTORNEY
The undersigned does hereby appoint Hans L. Reich and Roger S.
Begelman his true and lawful attorneys, and each of them his true and
lawful attorney, with power to act without the other, and with full power
of such substitution, to execute for him and in his name any Initial
Statement of Beneficial Ownership of Securities on Form 3, any Statement of
Change in Beneficial Ownership on Form 4 and any Annual Statement of
Changes in Beneficial Ownership on Form 5 which may be required to be filed
by him with the Securities and Exchange Commission and any and all
instruments necessary or incidental therewith, hereby granting unto said
attorneys and each of them full power and authority to do and perform in
the name and on behalf of the undersigned, and in any and all capacities,
every act and thing whatsoever required or necessary to be done in and
about the premises, as fully and to all intents and purposes as the
undersigned might or could do in person, hereby ratifying and approving the
act of said attorneys and each of them.
This power of attorney shall supercede any previous power of attorney
covering the same subject.
This power of attorney shall not be affected by the subsequent
disability or incompetence of the principal.
In witness thereof the undersigned hereunto set his hand this 28 day
of May 1998.
/s/ Peter M. Sacerdote
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Peter M. Sacerdote
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