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HASBRO, INC. Director's Dealing 2007

May 1, 2007

30569_dirs_2007-05-01_424992a6-99b7-4ea1-96bf-2e715901533a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2007-04-27

Reporting Person: SLATER DEBORAH THOMAS (Sr VP and Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-04-27 Common Stock (Par Value $.50/share) M 7500 $16.335 Acquired 15777.3165 Direct
2007-04-27 Common Stock (Par Value $.50/share) M 7500 $11.16 Acquired 23277.3165 Direct
2007-04-27 Common Stock (Par Value $.50/share) M 8833 $18.575 Acquired 32110.3165 Direct
2007-04-27 Common Stock (Par Value $.50/share) M 4417 $20.57 Acquired 36527.3165 Direct
2007-04-27 Common Stock (Par Value $.50/share) S 28250 $31.2665 Disposed 8277.3167 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-04-27 Option (Right to Buy) $16.335 M 7500 Disposed 2012-04-24 Common Stock (7500) Direct
2007-04-27 Option (Right to Buy) $11.16 M 7500 Disposed 2012-12-29 Common Stock (7500) Direct
2007-04-27 Option (Right to Buy) $18.575 M 8833 Disposed 2014-05-19 Common Stock (8833) Direct
2007-04-27 Option (Right to Buy) $20.57 M 4417 Disposed 2012-05-18 Common Stock (4417) 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, April 25, 2002.

F3: These options vested in cumulative installments of 33 1/3% on April 25, 2004, April 25, 2005 and April 25, 2006.

F4: These options vest in cumulative installments of 33 1/3% on each of the first three anniversaries of the date of grant, which grant date was, May 20, 2004.

F5: These options vest in cumulative installments of 33 1/3% on each of the first three anniversaries of the date of grant, which grant date was, May 19, 2005.