Charles R. Raup - Feb 22, 2022 Form 4 Insider Report for HERSHEY CO (HSY)

Role
President, U.S.
Signature
/s/ Lauren H. Lacey, Agent for Charles R. Raup
Stock symbol
HSY
Transactions as of
Feb 22, 2022
Transactions value $
-$337,343
Form type
4
Date filed
2/24/2022, 04:43 PM
Previous filing
Sep 28, 2021
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $102K +1.03K +7.79% $99.90 14.2K Feb 22, 2022 Direct
transaction HSY Common Stock Sale -$207K -1.03K -7.23% $202.15 13.2K Feb 22, 2022 Direct F1
transaction HSY Common Stock Award $0 +7.17K +54.45% $0.00 20.3K Feb 22, 2022 Direct
transaction HSY Common Stock Tax liability -$233K -1.15K -5.66% $202.03 19.2K Feb 22, 2022 Direct

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 -1.03K -100% $0.00* 0 Feb 22, 2022 Common Stock 1.03K $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 August 24, 2021.
F2 The options vested 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% vested on February 20, 2022.