Jason Reiman - 16 Dec 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Role
SVP Chief Supply Chain Officer
Signature
/s/ James Turoff, Agent for Jason R. Reiman
Issuer symbol
HSY
Transactions as of
16 Dec 2021
Net transactions value
-$141,055
Form type
4
Filing time
17 Dec 2021, 15:11:50 UTC
Previous filing
08 Dec 2021
Next filing
10 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $126,727 +1,402 +11% $90.39 14,292 16 Dec 2021 Direct
transaction HSY Common Stock Sale $267,782 -1,402 -9.8% $191.00 12,890 16 Dec 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 -1,402 -100% $0.000000* 0 16 Dec 2021 Common Stock 1,402 $90.39 Direct F2
* 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 3, 2021.
F2 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.