| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HSY | Common Stock | Sale | -$684K | -2.87K | -2.5% | $238.46 | 112K | Jul 14, 2023 | Direct | F1, F2 |
| transaction | HSY | Common Stock | Sale | -$509K | -2.13K | -1.82% | $239.11 | 115K | Jul 14, 2023 | Direct | F1, F3 |
| transaction | HSY | Common Stock | Sale | -$377K | -1.58K | -1.34% | $238.17 | 117K | Jul 14, 2023 | Direct | F1, F4 |
| transaction | HSY | Common Stock | Sale | -$816K | -3.42K | -2.81% | $238.99 | 118K | Jul 14, 2023 | Direct | F1, F5 |
| transaction | HSY | Common Stock | Sale | -$336K | -1.41K | -1.15% | $238.19 | 122K | Jul 14, 2023 | Direct | F1, F6 |
| transaction | HSY | Common Stock | Sale | -$679K | -2.84K | -2.25% | $239.01 | 123K | Jul 14, 2023 | Direct | F1, F7 |
| transaction | HSY | Common Stock | Options Exercise | $450K | +4.25K | +3.49% | $105.96 | 126K | Jul 14, 2023 | Direct |
| 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 | -4.25K | -100% | $0.00* | 0 | Jul 14, 2023 | Common Stock | 4.25K | $105.96 | Direct | F8 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 August 16, 2022. |
| F2 | This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $237.880 to $238.860 Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price. |
| F3 | This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.880 to $239.380 Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price. |
| F4 | This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $237.570 to $238.550 Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price. |
| F5 | This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.610 to $239.340 Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price. |
| F6 | This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $237.670 to $238.530 Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price. |
| F7 | This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.670 to $239.350 Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price. |
| F8 | The options vested according to the following schedule: 25% vested on February 18, 2015, 25% vested on February 18, 2016, 25% vested on February 18, 2017 and 25% vested on February 18, 2018. |