HASBRO, INC. — Director's Dealing 2006

Feb 22, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2006-02-16

Reporting Person: BIFULCO FRANK P JR (President,North American Sales)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (Par Value $.50)	3500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (Right to Buy), granted 6/9/2003	$16.485	2013-06-08	Common Stock (50000)		Direct
Options (Right to Buy), granted 5/20/2004	$18.575	2014-05-19	Common Stock (45000)		Direct
Options (Right to Buy), granted 5/20/2004	$20.4325	2011-05-19	Common Stock (125000)		Direct
Options (Right to Buy), granted 5/19/2005	$20.57	2012-05-18	Common Stock (60000)		Direct

Footnotes

F1: The options were granted pursuant to employee stock option plans in accordance with Rule 16b-3 and have tandem tax withholding rights.

F2: 33 1/3% of these options become exercisable on the first anniversary of the date of grant and an additional 33 1/3% become exercisable on each anniversary of the date of grant thereafter until fully exercisable.

F3: 25,000 shares of this option became exercisable on June 9, 2005 and an additional 25,000 shares become exercisable on June 9, 2006.