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

Signature
/s/ Lauren H. Lacey, Agent for Charles R. Raup
Issuer symbol
HSY
Transactions as of
22 Feb 2022
Net transactions value
-$337,343
Form type
4
Filing time
24 Feb 2022, 16:43:50 UTC
Previous filing
28 Sep 2021
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $102,398 +1,025 +7.8% $99.90 14,183 22 Feb 2022 Direct
transaction HSY Common Stock Sale $207,204 -1,025 -7.2% $202.15 13,158 22 Feb 2022 Direct F1
transaction HSY Common Stock Award $0 +7,165 +54% $0.000000 20,323 22 Feb 2022 Direct
transaction HSY Common Stock Tax liability $232,537 -1,151 -5.7% $202.03 19,172 22 Feb 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 -1,025 -100% $0.000000* 0 22 Feb 2022 Common Stock 1,025 $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.