Michele Buck - Jan 17, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role
Chairman, President and CEO, Director
Signature
/s/ Lauren H. Lacey, Agent for Michele G. Buck
Stock symbol
HSY
Transactions as of
Jan 17, 2023
Transactions value $
-$2,790,573
Form type
4
Date filed
1/19/2023, 03:09 PM
Previous filing
Dec 15, 2022
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale -$455K -2.01K -1.43% $226.43 139K Jan 17, 2023 Direct F1, F2
transaction HSY Common Stock Sale -$430K -1.89K -1.36% $227.18 137K Jan 17, 2023 Direct F1, F3
transaction HSY Common Stock Sale -$22.8K -100 -0.07% $228.15 137K Jan 17, 2023 Direct F1
transaction HSY Common Stock Sale -$207K -900 -0.66% $229.75 136K Jan 17, 2023 Direct F1, F4
transaction HSY Common Stock Sale -$23.1K -100 -0.07% $230.54 136K Jan 17, 2023 Direct F1
transaction HSY Common Stock Sale -$458K -2.02K -1.49% $226.42 134K Jan 17, 2023 Direct F1, F5
transaction HSY Common Stock Sale -$426K -1.88K -1.4% $227.21 132K Jan 17, 2023 Direct F1, F6
transaction HSY Common Stock Sale -$22.7K -100 -0.08% $227.15 132K Jan 17, 2023 Direct F1
transaction HSY Common Stock Sale -$230K -1K -0.76% $229.81 131K Jan 17, 2023 Direct F1, F7
transaction HSY Common Stock Options Exercise $450K +4.25K +3.26% $105.96 135K Jan 17, 2023 Direct
transaction HSY Common Stock Sale -$348K -1.54K -1.14% $226.38 133K Jan 17, 2023 Direct F1, F8
transaction HSY Common Stock Sale -$382K -1.68K -1.26% $227.19 132K Jan 17, 2023 Direct F1, F9
transaction HSY Common Stock Sale -$45.6K -200 -0.15% $228.13 131K Jan 17, 2023 Direct F1, F10
transaction HSY Common Stock Sale -$191K -831 -0.63% $229.86 131K Jan 17, 2023 Direct F1, F11

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 -14.28% $0.00 25.5K Jan 17, 2023 Common Stock 4.25K $105.96 Direct F12
* 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 $225.940 to $226.930. 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.
F3 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $226.960 to $227.670. 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 $229.390 to $230.190. 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 $225.940 to $226.930. 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.
F6 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $226.940 to $227.670. 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 $229.390 to $230.540. 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 $225.850 to $226.730. 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 $226.900 to $227.700. 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 $228.060 to $228.19. 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 $229.540 to $230.485. 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 The options vested according to the following schedule: 25% vested on February 17, 2015, 25% vested on February 17, 2016, 25% vested on February 17, 2017 and 25% vested on February 17, 2018.