HASBRO, INC. — Director's Dealing 2006

Feb 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2006-02-13

Reporting Person: HARGREAVES DAVID D R (Sr. VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-13	Common Stock (Par value $.50 per share)	M	16875	$15.6945	Acquired	80259	Direct
2006-02-13	Common Stock (Par value $.50 per share)	S	7375	$20.48	Disposed	72884	Direct
2006-02-13	Common Stock (Par value $.50 per share)	S	6400	$20.47	Disposed	66484	Direct
2006-02-13	Common Stock (Par value $.50 per share)	S	3100	$20.46	Disposed	63384	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-13	Option (Right to Buy)	$15.6945	M	16875	Disposed	2006-02-15	Common Stock (16875)	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, February 16, 1996.