HASBRO, INC. — Director's Dealing 2007

Aug 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2007-08-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-20	Common Stock (Par value $.50 per share)	M	50000	$13.91	Acquired	5854222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	10000	$28.87	Disposed	5844222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	10000	$28.9	Disposed	5834222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	300	$28.8	Disposed	5833922	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	900	$28.68	Disposed	5833022	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	8100	$28.6	Disposed	5824922	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	1600	$28.63	Disposed	5823322	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	10000	$28.6	Disposed	5813322	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	100	$28.55	Disposed	5813222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	200	$28.561	Disposed	5813022	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	1700	$28.54	Disposed	5811322	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	100	$28.55	Disposed	5811222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	2000	$28.54	Disposed	5809222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	2500	$28.56	Disposed	5806722	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	1500	$28.574	Disposed	5805222	Direct
2007-08-20	Common Stock (Par value $.50 per share)	S	1000	$28.55	Disposed	5804222	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-20	Option (Right to Buy)	$13.91	M	50000	Disposed	2011-04-24	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (Par value $.50 per share)	279892	Indirect
Common Stock (Par value $.50 per share)	154216	Indirect
Common Stock (Par value $.50 per share)	7640921	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 20% on each of the first five anniversaries of the date of grant, which grant date was, April 25, 2001.