HASBRO, INC. — Director's Dealing 2006

Nov 6, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2006-11-02

Reporting Person: HASSENFELD ALAN G (Director, 10% Owner, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-02	Common Stock (Par value $.50 per share)	M	38750	$18.7222	Acquired	5840197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.64	Disposed	5835197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.6816	Disposed	5830197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.7222	Disposed	5825197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.7	Disposed	5820197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.72	Disposed	5815197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.75	Disposed	5810197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	5000	$26.79	Disposed	5805197	Direct
2006-11-02	Common Stock (Par value $.50 per share)	S	3750	$26.82	Disposed	5801447	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-02	Option (Right to Buy)	$18.7222	M	38750	Disposed	2007-02-18	Common Stock (38750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (Par value $.50 per share)	314892	Indirect
Common Stock (Par value $.50 per share)	154216	Indirect
Common Stock (Par value $.50 per share)	7690921	Indirect
Common Stock (Par value $.50 per share)	829347	Indirect

Footnotes

F1: Mr. Hassenfeld disclaims beneficial ownership of all of these shares except to the extent of his proportionate pecuniary interest therein.

F2: These options were granted pursuant to an employee stock option plan in compliance with Rule 16b-3 and have tandem tax withholding rights.

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 February 19, 1997.