Charles R. Raup - Sep 27, 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Role
President, U.S.
Signature
/s/ James Turoff, Agent for Charles R. Raup
Stock symbol
HSY
Transactions as of
Sep 27, 2021
Transactions value $
-$329,569
Form type
4
Date filed
9/28/2021, 04:50 PM
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $79.5K +880 +6.69% $90.39 14K Sep 27, 2021 Direct
transaction HSY Common Stock Sale -$153K -880 -6.27% $173.75 13.2K Sep 27, 2021 Direct F1
transaction HSY Common Stock Options Exercise $172K +1.59K +12.11% $107.95 14.8K Sep 27, 2021 Direct
transaction HSY Common Stock Sale -$277K -1.59K -10.8% $173.75 13.2K Sep 27, 2021 Direct F1
transaction HSY Common Stock Options Exercise $205K +2.05K +15.58% $99.90 15.2K Sep 27, 2021 Direct
transaction HSY Common Stock Sale -$356K -2.05K -13.48% $173.75 13.2K Sep 27, 2021 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
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -880 -100% $0.00* 0 Sep 27, 2021 Common Stock 880 $90.39 Direct F2
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -1.59K -100% $0.00* 0 Sep 27, 2021 Common Stock 1.59K $107.95 Direct F3
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.05K -66.67% $0.00 1.03K Sep 27, 2021 Common Stock 2.05K $99.90 Direct F4
* 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 24, 2021.
F2 The option 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.
F3 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.
F4 The options will 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.