HERSHEY CO — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERSHEY CO (HSY)
CIK: 0000047111
Period of Report: 2021-03-12

Reporting Person: Scalia Christopher M (SVP, CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-12	Common Stock	S	3289	$152.45	Disposed	7318	Direct
2021-03-12	Common Stock	M	1440	$90.39	Acquired	8758	Direct
2021-03-12	Common Stock	S	1440	$152.45	Disposed	7318	Direct
2021-03-12	Common Stock	M	1646	$99.90	Acquired	8964	Direct
2021-03-12	Common Stock	S	1646	$152.50	Disposed	7318	Direct
2021-03-12	Common Stock	M	1646	$99.90	Acquired	8964	Direct
2021-03-12	Common Stock	S	1646	$152.50	Disposed	7318	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-12	Non-qualified Stock Option (Right to Buy)	$90.39	M	1440	Disposed	2026-02-15	Common Stock (1440)	Direct
2021-03-12	Non-qualified Stock Option (Right to Buy)	$99.90	M	1646	Disposed	2028-02-19	Common Stock (1646)	Direct
2021-03-12	Non-qualified Stock Option (Right to Buy)	$99.90	M	1646	Disposed	2028-02-19	Common Stock (1646)	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 February 10, 2021.

F2: The options 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 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 22, 2022.