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HASBRO, INC. — Director's Dealing 2014
Feb 14, 2014
30569_dirs_2014-02-14_d43e03fa-5fce-40be-a1ee-410d552acc2d.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: 2014-02-12
Reporting Person: GOLDNER BRIAN (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-12 | Common Stock (Par Value $.50 per share) | M | 164609 | $27.095 | Acquired | 222414.0001 | Direct |
| 2014-02-12 | Common Stock (Par Value $.50 per share) | M | 235391 | $31.625 | Acquired | 457805.0001 | Direct |
| 2014-02-12 | Common Stock (Par Value $.50 per share) | S | 390000 | $52.0776 | Disposed | 67805.0001 | Direct |
| 2014-02-12 | Common Stock (Par Value $.50 per share) | G | 10000 | — | Disposed | 57805.0001 | Direct |
| 2014-02-12 | Common Stock (Par Value $.50 per share) | G | 10000 | — | Acquired | 361882.3209 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-12 | Restricted Stock Units | $ | A | 119318 | Acquired | Common Stock (119318) | Direct | |
| 2014-02-12 | Option (Right to Buy) | $52.11 | A | 302200 | Acquired | 2021-02-11 | Common Stock (302200) | Direct |
| 2014-02-12 | Option (Right to Buy) | $27.095 | M | 164609 | Disposed | 2015-02-15 | Common Stock (164609) | Direct |
| 2014-02-12 | Option (Right to Buy) | $31.625 | M | 235391 | Disposed | 2017-02-03 | Common Stock (235391) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock (Par Value $.50 per share) | 16935.511 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $51.90 to $52.35, inclusive. The reporting person undertakes to provide to Hasbro, Inc., any security holder of Hasbro, Inc. or the staff of the ranges set forth in this footnote (1).
F2: This transaction involved a gift of securities by the Reporting Person to the Brian D. Goldner Trust.
F3: Share total has been updated to reflect shares acquired pursuant to dividend reinvestment plan.
F4: Mr. Goldner disclaims beneficial ownership of all of these shares except to the extent of his proportionate pecuniary interest therein.
F5: Each restricted stock unit represents a contingent right to earn one share of Hasbro common stock. The grant has two vesting components, each of which must be satisfied for Mr. Goldner to earn any shares under the award. The first vesting compenent is based on achievement of specified Hasbro common stock price thresholds (25% earned at $45/share; 25% earned at $52/share; 25% earned at $56/share; 25% earned at $60/share). To achieve the stock price thresholds the average closing sales price for Hasbro's common stock must trade at or above the threshold price for at least 30 consecutive trading days after April 24, 2013. To second vesting component requires that, subject to certain termination scenarios set forth in Mr. Goldner's Employment Agreement with the Company, Mr. Goldner remains continuously employed with the Company through December 31, 2017.
F6: These options were granted pursuant to an employee stock option plan in compliance with Rule 16b-3 and have tandem tax withholding rights.
F7: 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.
F8: 33 1/3% of the options became exercisable on February 13, 2009, February 13, 2010 and February 13, 2011.
F9: 33 1/3% of the options became exercisable on February 4, 2011, February 4, 2012 and February 4, 2013.