HERSHEY TRUST CO - 08 Nov 2022 Form 4 Insider Report for HERSHEY CO (HSY)

Role
10%+ Owner
Signature
Janice Bratton, CEO/Chief Investment Officer
Issuer symbol
HSY
Transactions as of
08 Nov 2022
Net transactions value
-$1,985,116
Form type
4
Filing time
10 Nov 2022, 08:54:06 UTC
Previous filing
12 Nov 2021
Next filing
14 Feb 2025
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 $1,985,116 -8,600 -18% $230.83 39,630 08 Nov 2022 Direct F1

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 58,112,012 08 Nov 2022 Common Stock, $1.00 par value 58,112,012 $231.07 By Milton Hershey School Trust F2, 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 The reporting person is wholly owned by 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 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($231.0700 represents the closing price on 11/08/2022).