Hershey Trust Co Trustee In Trust For Milton Hershey School - May 20, 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Role: 10%+ Owner
Signature: Charity Rosenberry, VP Finance, Hershey Trust Company, Trustee
Stock symbol: HSY
Transactions as of: May 20, 2021
Transactions value $: -$2,007,892
Form type: 4
Date filed: 5/21/2021, 09:22 AM
Next filing: Aug 4, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HSY	Common Stock, $1.00 par value	Sale	-$2.01M	-11.6K	-15.18%	$173.09	64.8K	May 20, 2021	By Hershey Trust Company	F1, F2
holding	HSY	Common Stock, $1.00 par value						47.2K	May 20, 2021	Direct

Showing 1 to 2 of 2 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	HSY	Class B Common Stock, $1.00 par value						60.6M	May 20, 2021	Common Stock, $1.00 par value	60.6M	$173.09	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold by Hershey Trust Company in an open market transaction.
F2	Hershey Trust Company is wholly owned by the Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
F3	All shares of Class B common stock, $1.00 par value, are convertible share-for-share into common stock, $1.00 par value, at any time, and without payment other than for the fact of conversion. There is no expiration date.
F4	Conversion price is the current market price ($173.09 represents the closing price on 5/20/2021).