HERSHEY CO — Director's Dealing 2021

Sep 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERSHEY CO (HSY)
CIK: 0000047111
Period of Report: 2021-09-27

Reporting Person: Raup Charles R (President, U.S.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-27	Common Stock	M	880	$90.39	Acquired	14038	Direct
2021-09-27	Common Stock	S	880	$173.75	Disposed	13158	Direct
2021-09-27	Common Stock	M	1593	$107.95	Acquired	14751	Direct
2021-09-27	Common Stock	S	1593	$173.75	Disposed	13158	Direct
2021-09-27	Common Stock	M	2050	$99.90	Acquired	15208	Direct
2021-09-27	Common Stock	S	2050	$173.75	Disposed	13158	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-27	Non-qualified Stock Option (Right to Buy)	$90.39	M	880	Disposed	2026-02-15	Common Stock (880)	Direct
2021-09-27	Non-qualified Stock Option (Right to Buy)	$107.95	M	1593	Disposed	2027-02-21	Common Stock (1593)	Direct
2021-09-27	Non-qualified Stock Option (Right to Buy)	$99.90	M	2050	Disposed	2028-02-19	Common Stock (2050)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 24, 2021.

F2: The option vested according to the following schedule: 25% vested on February 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.

F3: The options vested according to the following schedule: 25% vested on February 22, 2018, 25% vested on February 22, 2019, 25% vested on February 22, 2020 and 25% vested on February 22, 2021.

F4: The options will vest according to the following schedule: 25% vested on February 20, 2019, 25% vested on February 20, 2020, 25% vested on February 20, 2021 and 25% will vest on February 20, 2022.