HASBRO, INC. — Director's Dealing 2007

Jul 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2007-06-29

Reporting Person: MALONE CLAUDINE B/CA (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-24	Common Stock (Par value $.50 per share)	G	2775	—	Disposed	450	Direct
2007-05-24	Common Stock (Par value $.50 per share)	G	2775	—	Acquired	30044	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-29	Phantom Stock Units	$0	A	18	Acquired		Common Stock (18)	Direct

Footnotes

F1: All of the phantom stock units were acquired pursuant to the Hasbro, Inc. Deferred Compensation Plan for Non-Employee Directors in accordance with Section 16b-3.

F2: Units correspond 1-for-1 with common stock.

F3: Units are settled only in cash and are payable after the reporting person ceases to be a director.

F4: The shares were transferred by Ms. Malone to the Claudine B. Malone Family Trust.

F5: Ms. Malone disclaims beneficial ownership of these shares except to the extent of her proportionate pecuniary interest therein.