James Turoff - Jan 27, 2022 Form 4 Insider Report for HERSHEY CO (HSY)

Role
SVP, GC & Secretary
Signature
/s/ James Turoff
Stock symbol
HSY
Transactions as of
Jan 27, 2022
Transactions value $
-$517,350
Form type
4
Date filed
1/28/2022, 03:11 PM
Previous filing
Dec 30, 2021
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 $219K +2.19K +43.93% $99.90 7.18K Jan 27, 2022 Direct
transaction HSY Common Stock Sale -$429K -2.19K -30.52% $195.67 4.99K Jan 27, 2022 Direct F1
transaction HSY Common Stock Options Exercise $321K +3.21K +64.33% $99.90 8.2K Jan 27, 2022 Direct
transaction HSY Common Stock Sale -$628K -3.21K -39.15% $195.67 4.99K Jan 27, 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
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.19K -66.65% $0.00 1.1K Jan 27, 2022 Common Stock 2.19K $99.90 Direct F2
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -3.21K -66.67% $0.00 1.61K Jan 27, 2022 Common Stock 3.21K $99.90 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 November 29, 2021.
F2 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.