HERSHEY CO — Director's Dealing 2022

Mar 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERSHEY CO (HSY)
CIK: 0000047111
Period of Report: 2022-03-25

Reporting Person: Scalia Christopher M (SVP, CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-25	Common Stock	S	700	$213.09	Disposed	10408	Direct
2022-03-25	Common Stock	S	1300	$213.946	Disposed	9108	Direct
2022-03-25	Common Stock	S	360	$212.892	Disposed	8748	Direct
2022-03-25	Common Stock	S	1195	$213.784	Disposed	7553	Direct
2022-03-25	Common Stock	S	92	$214.39	Disposed	7461	Direct
2022-03-25	Common Stock	M	1647	$99.90	Acquired	9108	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-25	Non-qualified Stock Option (Right to Buy)	$99.90	M	1647	Disposed	2028-02-19	Common Stock (1647)	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 23, 2022.

F2: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $212.420 to $213.355. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.

F3: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $213.570 to $214.250. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.

F4: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $212.280 to $213.170. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.

F5: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $213.280 to $214.230. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.

F6: The options vested 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% vested on February 20, 2022.