James Turoff - 29 Dec 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Role
SVP, GC & Secretary
Signature
/s/ James Turoff
Issuer symbol
HSY
Transactions as of
29 Dec 2021
Net transactions value
-$82,913
Form type
4
Filing time
30 Dec 2021, 15:13:21 UTC
Previous filing
25 May 2021
Next filing
28 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 $22,321 +267 +5.4% $83.60 5,257 29 Dec 2021 Direct
transaction HSY Common Stock Sale $51,000 -267 -5.1% $191.01 4,990 29 Dec 2021 Direct F1
transaction HSY Common Stock Options Exercise $48,720 +539 +11% $90.39 5,529 29 Dec 2021 Direct
transaction HSY Common Stock Sale $102,954 -539 -9.7% $191.01 4,990 29 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 -267 -100% $0.000000* 0 29 Dec 2021 Common Stock 267 $83.60 Direct F2
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -539 -100% $0.000000* 0 29 Dec 2021 Common Stock 539 $90.39 Direct F3
* 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 November 29, 2021.
F2 The options vested according to the following schedule: 25% vested on January 13, 2017, 25% vested on January 13, 2018, 25% vested on January 13, 2019 and 25% vested on January 13, 2020.
F3 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.