Rohit Grover - 20 Mar 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role
President, International
Signature
/s/ Lauren H. Lacey, Agent for Rohit Grover
Issuer symbol
HSY
Transactions as of
20 Mar 2023
Net transactions value
-$181,012
Form type
4
Filing time
21 Mar 2023, 16:11:14 UTC
Previous filing
28 Feb 2023
Next filing
29 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 $106,660 +1,180 +6.2% $90.39 20,179 20 Mar 2023 Direct
transaction HSY Common Stock Sale $287,672 -1,180 -5.8% $243.79 18,999 20 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 -1,180 -100% $0.000000* 0 20 Mar 2023 Common Stock 1,180 $90.39 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 February 9, 2023.
F2 The options vested according to the following schedule: 25% vested on February 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.