HASBRO, INC. — Director's Dealing 2003

Nov 26, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2003-11-25

Reporting Person: VERRECCHIA ALFRED J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-25	Common Stock (Par Value $.50 per share)	M	78750	$16.6389	Acquired	338201	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	43700	$21.93	Disposed	294501	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	5800	$21.99	Disposed	288701	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	16900	$21.94	Disposed	271801	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	3500	$21.95	Disposed	268301	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	2200	$21.96	Disposed	266101	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	3000	$22	Disposed	263101	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	600	$22.1	Disposed	262501	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	2800	$22.01	Disposed	259701	Direct
2003-11-25	Common Stock (Par Value $.50 per share)	S	250	$22.12	Disposed	259451	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-25	Option (Right to Buy)	$16.6389	M	78750	Disposed	2003-12-20	Common Stock (78750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (Par Value $.50 per share)	151875	Indirect

Footnotes

F1: Mr. Verrecchia disclaims beneficial ownership of these shares held by his wife.

F2: These options were granted pursuant to an employee stock option plan in compliance with Rule 16b-3.

F3: These options vested in cumulative installments of 33 1/3% on each of the first three anniversaries of the date of grant, which grant date was December 21, 1993.