Michele Buck - Oct 14, 2022 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Lauren H. Lacey, Agent for Michele G. Buck
Stock symbol
HSY
Transactions as of
Oct 14, 2022
Transactions value $
-$2,742,901
Form type
4
Date filed
10/18/2022, 04:12 PM
Previous filing
Sep 15, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $450K +4.25K +2.49% $105.96 175K Oct 14, 2022 Direct
transaction HSY Common Stock Sale -$253K -1.14K -0.65% $222.59 174K Oct 14, 2022 Direct F1, F2
transaction HSY Common Stock Sale -$370K -1.66K -0.95% $223.35 172K Oct 14, 2022 Direct F1, F3
transaction HSY Common Stock Sale -$89.9K -400 -0.23% $224.81 172K Oct 14, 2022 Direct F1, F4
transaction HSY Common Stock Sale -$114K -503 -0.29% $225.77 171K Oct 14, 2022 Direct F1, F5
transaction HSY Common Stock Sale -$68K -300 -0.18% $226.75 171K Oct 14, 2022 Direct F1, F6
transaction HSY Common Stock Sale -$58.3K -256 -0.15% $227.67 171K Oct 14, 2022 Direct F1, F7
transaction HSY Common Stock Sale -$468K -2.11K -1.23% $222.42 168K Oct 14, 2022 Direct F1, F8
transaction HSY Common Stock Sale -$971K -4.35K -2.58% $223.31 164K Oct 14, 2022 Direct F1, F9
transaction HSY Common Stock Sale -$179K -798 -0.49% $224.54 163K Oct 14, 2022 Direct F1, F10
transaction HSY Common Stock Sale -$274K -1.22K -0.75% $225.49 162K Oct 14, 2022 Direct F1, F11
transaction HSY Common Stock Sale -$158K -699 -0.43% $226.58 161K Oct 14, 2022 Direct F1, F12
transaction HSY Common Stock Sale -$190K -833 -0.52% $227.84 161K Oct 14, 2022 Direct F1, F13

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 -4.25K -10% $0.00 38.3K Oct 14, 2022 Common Stock 4.25K $105.96 Direct F14
* 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 16, 2022.
F2 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $222.020 to $223.000. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F3 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $223.030 to $223.930. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F4 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $224.320 to $225.230. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F5 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $225.410 to $226.390. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F6 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $226.420 to $226.950. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F7 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $227.520 to $227.900. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F8 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $221.790 to $222.680. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F9 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $222.950 to $223.920. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F10 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $223.970 to $224.920. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F11 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $225.110 to $226.010. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F12 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $226.240 to $226.950. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F13 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $227.520 to $228.280. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
F14 The options vested according to the following schedule: 25% vested on February 18, 2015, 25% vested on February 18, 2016, 25% vested on February 18, 2017 and 25% vested on February 18, 2018.