HASBRO, INC. — Director's Dealing 2007

Aug 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2007-08-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-03	Common Stock (Par value $.50 per share)	M	21000	$11.59	Acquired	5825222	Direct
2007-08-03	Common Stock (Par value $.50 per share)	S	6000	$28.6	Disposed	5819222	Direct
2007-08-03	Common Stock (Par value $.50 per share)	S	3000	$28.57	Disposed	5816222	Direct
2007-08-03	Common Stock (Par value $.50 per share)	S	3000	$28.55	Disposed	5813222	Direct
2007-08-03	Common Stock (Par value $.50 per share)	S	6000	$28.5	Disposed	5807222	Direct
2007-08-03	Common Stock (Par value $.50 per share)	S	3000	$28.51	Disposed	5804222	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-03	Option (Right to Buy)	$11.59	M	21000	Disposed	2011-04-24	Common Stock (21000)	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 33 1/3% on each of the first three anniversaries of the date of grant, which grant date was, April 25, 2001.