HASBRO, INC. - Director's Dealing 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HASBRO INC (HAS)
CIK: 0000046080
Period of Report: 2008-02-26

Reporting Person: VERRECCHIA ALFRED J (Director, President and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-26	Common Stock (Par value $.50 per share)	M	42000	$24.875	Acquired	301351	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	17000	$27.45	Disposed	284351	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	14070	$27.5	Disposed	270281	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	1700	$27.48	Disposed	268581	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	3900	$27.51	Disposed	264681	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	2000	$27.55	Disposed	262681	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	300	$27.47	Disposed	262381	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	700	$27.46	Disposed	261681	Direct
2008-02-26	Common Stock (Par value $.50 per share)	S	2330	$27.53	Disposed	259351	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-26	Option (Right to Buy)	$24.875	M	42000	Disposed	2008-04-22	Common Stock (42000)	Direct

Security	Shares	Ownership
Common Stock (Par value $.50 per share)	151875	Indirect

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: 33 1/3% of the options become exercisable on April 23, 1999, April 23, 2000 and April 23, 2001.

F3: Mr. Verrecchia disclaims beneficial ownership of these shares held by his wife.