HASBRO, INC. — Director's Dealing 2006

Nov 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2006-11-03

Reporting Person: BIONDI FRANK (President,North American Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-03	Common Stock (Par value $.50 per share)	M	25000	$16.485	Acquired	35865	Direct
2006-11-03	Common Stock (Par value $.50 per share)	S	25000	$26.75	Disposed	10865	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-03	Option (Right to Buy)	$16.485	M	25000	Disposed	2013-06-08	Common Stock (25000)	Direct

Footnotes

F1: These options were granted pursuant to an employee stock option plan in compliance with Rule 16b-3 and have tandem tax withholding rights.

F2: 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, June 9, 2003.