Rohit Grover - 28 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: 28 Mar 2023
Net 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
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	$320,679	+3,210	+17%	$99.90	22,209	28 Mar 2023	Direct
transaction	HSY	Common Stock	Sale	$808,920	-3,210	-14%	$252.00	18,999	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	-3,210	-100%	$0.000000^*	0	28 Mar 2023	Common Stock	3,210	$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.