Rohit Grover - 28 Mar 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Lauren H. Lacey, Agent for Rohit Grover
Issuer symbol
HSY
Transactions as of
28 Mar 2023
Transactions value $
-$488,241
Form type
4
Filing time
29 Mar 2023, 16:11:30 UTC
Previous filing
21 Mar 2023
Next filing
24 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $321K +3.21K +16.9% $99.90 22.2K 28 Mar 2023 Direct
transaction HSY Common Stock Sale -$809K -3.21K -14.45% $252.00 19K 28 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 -3.21K -100% $0.00* 0 28 Mar 2023 Common Stock 3.21K $99.90 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 20, 2019, 25% vested on February 20, 2020, 25% vested on February 20, 2021 and 25% vested on February 20, 2022.