HASBRO, INC. — Director's Dealing 2007

Mar 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2007-02-28

Reporting Person: Gardner Simon (President of Hasbro Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-28	Common Stock (Par value $.50 per share)	M	40000	$11.16	Acquired	50950	Direct
2007-02-28	Common Stock (Par value $.50 per share)	M	26667	$18.575	Acquired	77617	Direct
2007-02-28	Common Stock (Par value $.50 per share)	M	83333	$20.4325	Acquired	160950	Direct
2007-02-28	Common Stock (Par value $.50 per share)	S	3200	$28.6	Disposed	157750	Direct
2007-02-28	Common Stock (Par value $.50 per share)	S	146800	$28.1	Disposed	10950	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-28	Option (Right to Buy)	$11.16	M	40000	Disposed	2012-12-29	Common Stock (40000)	Direct
2007-02-28	Option (Right to Buy)	$18.575	M	26667	Disposed	2014-05-19	Common Stock (26667)	Direct
2007-02-28	Option (Right to Buy)	$20.4325	M	83333	Disposed	2011-05-19	Common Stock (83333)	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 granted December 30, 2002 vested in cumulative installments of 33 1/3% on April 24, 2004, April 24, 2005 and April 24, 2006.

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, May 20, 2004.

F4: These options vested in cumulative installments of 20% on each of the first five anniversaries of the date of grant, which grant date was, May 20, 2004.