AI assistant
HERSHEY CO — Director's Dealing 2023
Jun 15, 2023
30084_dirs_2023-06-15_c0bfa7b4-c64e-406e-9b17-26d81527640f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HERSHEY CO (HSY)
CIK: 0000047111
Period of Report: 2023-06-14
Reporting Person: Buck Michele (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-14 | Common Stock | M | 4251 | $105.96 | Acquired | 121751 | Direct |
| 2023-06-14 | Common Stock | S | 124 | $257.125 | Disposed | 121427 | Direct |
| 2023-06-14 | Common Stock | S | 200 | $258.14 | Disposed | 121551 | Direct |
| 2023-06-14 | Common Stock | S | 1797 | $259.702 | Disposed | 119630 | Direct |
| 2023-06-14 | Common Stock | S | 2130 | $260.431 | Disposed | 117500 | Direct |
| 2023-06-14 | Common Stock | S | 362 | $257.11 | Disposed | 131389 | Direct |
| 2023-06-14 | Common Stock | S | 400 | $258.14 | Disposed | 130989 | Direct |
| 2023-06-14 | Common Stock | S | 4469 | $259.777 | Disposed | 126520 | Direct |
| 2023-06-14 | Common Stock | S | 4769 | $260.43 | Disposed | 121751 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-14 | Non-qualified Stock Option (Right to Buy) | $105.96 | M | 4251 | Disposed | 2024-02-17 | Common Stock (4251) | Direct |
Footnotes
F1: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $256.690 to $257.670. 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.
F2: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $257.860 to $258.420. 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 $259.070 to $260.060. 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 $260.090 to $261.070. 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 $256.690 to $257.450. 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: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $257.860 to $258.420. 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.
F7: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $259.070 to $260.060. 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.
F8: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $260.080 to $261.070. 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.
F9: The options vested according to the following schedule: 25% vested on February 18, 2015, 25% vested on February 18, 2016, 25% vested on February 18, 2017 and 25% vested on February 18, 2018.