Jason Reiman - 16 Mar 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
Issuer symbol
HSY
Transactions as of
16 Mar 2023
Net transactions value
-$160,486
Form type
4
Filing time
17 Mar 2023, 16:11:40 UTC
Previous filing
16 Mar 2023
Next filing
20 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $126,409 +1,171 +6.9% $107.95 18,105 16 Mar 2023 Direct
transaction HSY Common Stock Sale $286,895 -1,171 -6.5% $245.00 16,934 16 Mar 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 -1,171 -50% $0.000000 1,194 16 Mar 2023 Common Stock 1,171 $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.