Jason Reiman - Mar 16, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role
SVP Chief Supply Chain Officer
Signature
/s/ Lauren H. Lacey, Agent for Jason R. Reiman
Stock symbol
HSY
Transactions as of
Mar 16, 2023
Transactions value $
-$160,486
Form type
4
Date filed
3/17/2023, 04:11 PM
Previous filing
Mar 16, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $126K +1.17K +6.92% $107.95 18.1K Mar 16, 2023 Direct
transaction HSY Common Stock Sale -$287K -1.17K -6.47% $245.00 16.9K Mar 16, 2023 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 -1.17K -49.51% $0.00 1.19K Mar 16, 2023 Common Stock 1.17K $107.95 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 May 24, 2022.
F2 The options vested according to the following schedule: 25% vested on February 22, 2018, 25% vested on February 22, 2019, 25% vested on February 22, 2020 and 25% vested on February 22, 2021.