Kristen J. Riggs - 08 Sep 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ James Turoff, Agent for Kristen J. Riggs
Issuer symbol
HSY
Transactions as of
08 Sep 2021
Net transactions value
-$401,274
Form type
4
Filing time
10 Sep 2021, 09:14:37 UTC
Previous filing
09 Sep 2021
Next filing
24 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale $142,563 -810 -10% $176.00 7,077 08 Sep 2021 Direct F1, F2
transaction HSY Common Stock Sale $94,275 -534 -7.5% $176.54 6,543 08 Sep 2021 Direct F1, F3
transaction HSY Common Stock Options Exercise $78,521 +786 +12% $99.90 7,329 08 Sep 2021 Direct
transaction HSY Common Stock Sale $82,883 -471 -6.4% $175.97 6,858 08 Sep 2021 Direct F1, F4
transaction HSY Common Stock Sale $55,610 -315 -4.6% $176.54 6,543 08 Sep 2021 Direct F1, F5
transaction HSY Common Stock Options Exercise $40,133 +444 +6.8% $90.39 6,987 08 Sep 2021 Direct
transaction HSY Common Stock Sale $49,277 -280 -4% $175.99 6,707 08 Sep 2021 Direct F1, F6
transaction HSY Common Stock Sale $28,953 -164 -2.4% $176.54 6,543 08 Sep 2021 Direct F1, F7
transaction HSY Common Stock Options Exercise $145,085 +1,344 +21% $107.95 7,887 08 Sep 2021 Direct
transaction HSY Common Stock Sale $132,529 -753 -9.5% $176.00 7,134 08 Sep 2021 Direct F1, F8
transaction HSY Common Stock Sale $78,923 -447 -6.3% $176.56 6,687 08 Sep 2021 Direct F1, F9

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
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -786 -56% $0.000000 608 08 Sep 2021 Common Stock 786 $99.90 Direct F10
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -444 -100% $0.000000* 0 08 Sep 2021 Common Stock 444 $90.39 Direct F11
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -1,344 -100% $0.000000* 0 08 Sep 2021 Common Stock 1,344 $107.95 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2021.
F2 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.420 to $176.350. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F3 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $176.460 to $176.640. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F4 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.400 to $176.260. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F5 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $176.450 to $176.630. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F6 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.400 to $176.210. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F7 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $176.410 to $176.660. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F8 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.400 to $176.280. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F9 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.430 to $176.630. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F10 The options vest according to the following schedule: 25% vested on February 20, 2019, 25% vested on February 20, 2020, 25% vested on February 20, 2021 and 25% will vest on February 20, 2022.
F11 The options vested according to the following schedule: 25% vested on February 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.
F12 The options vested according to the following schedule: 25% vested on February 22, 2018, 25% vested on February 22, 2019, 25% vested on February 22, 2020 and 25% vested on February 22, 2021.