Jason Reiman - 22 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: 22 Mar 2023
Net transactions value: -$102,398
Form type: 4
Filing time: 23 Mar 2023, 16:15:54 UTC
Previous filing: 20 Mar 2023
Next filing: 24 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	Sale	$10,780	-44	-0.26%	$245.00	16,934	22 Mar 2023	Direct	F1
transaction	HSY	Common Stock	Tax liability	$96,368	-397	-2.3%	$242.74	16,537	22 Mar 2023	Direct
transaction	HSY	Common Stock	Options Exercise	$4,750	+44	+0.26%	$107.95	16,978	22 Mar 2023	Direct

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	-44	-4.9%	$0.000000	845	22 Mar 2023	Common Stock	44	$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.