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HASBRO, INC. Director's Dealing 2008

May 13, 2008

30569_dirs_2008-05-13_6df1f858-a3a6-4f86-972e-a54cf5c6237b.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: 2008-05-09

Reporting Person: STERN PAULA (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-05-09 Common Stock (Par Value $.50 per share) M 11250 $17.0005 Acquired 18794 Direct
2008-05-09 Common Stock (Par Value $.50 per share) M 6000 $15.875 Acquired 24794 Direct
2008-05-09 Common Stock (Par Value $.50 per share) M 6000 $19.14 Acquired 30794 Direct
2008-05-09 Common Stock (Par Value $.50 per share) M 6000 $18.765 Acquired 36794 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 3700 $35.36 Disposed 33094 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 17050 $35.35 Disposed 16044 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 1800 $35.37 Disposed 14244 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 1400 $35.38 Disposed 12844 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 2100 $35.39 Disposed 10744 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 900 $35.4 Disposed 9844 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 500 $35.41 Disposed 9344 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 1400 $35.42 Disposed 7944 Direct
2008-05-09 Common Stock (Par Value $.50 per share) S 400 $35.43 Disposed 7544 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-05-09 Option (Right to Buy) $17.0005 M 11250 Disposed 2012-02-05 Common Stock (11250) Direct
2008-05-09 Option (Right to Buy) $15.875 M 6000 Disposed 2013-05-13 Common Stock (6000) Direct
2008-05-09 Option (Right to Buy) $19.14 M 6000 Disposed 2014-04-30 Common Stock (6000) Direct
2008-05-09 Option (Right to Buy) $18.765 M 6000 Disposed 2015-04-30 Common Stock (6000) Direct
2008-03-31 Phantom Stock Units $0 A 67 Acquired Common Stock (67) Direct

Footnotes

F1: These options were granted pursuant to stock plans in compliance with Rule 16b-3 and have tandem tax withholding rights.

F2: 20 % of the options become exercisable on the first anniversary of the date of grant and an additional 20 % of the options become exercisable on each anniversary of the date of grant thereafter.

F3: 33 1/3 of the options become exercisable on the first anniversary of the date of grant and an additional 33 1/3 of the options become exercisable on each anniversary of the date of grant thereafter.

F4: 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.

F5: Units correspond 1-for-1 with common stock.

F6: Units are settled only in cash and are payable after the reporting person ceases to be a director.