HERSHEY CO — Director's Dealing 2023

Apr 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERSHEY CO (HSY)
CIK: 0000047111
Period of Report: 2023-04-14

Reporting Person: Buck Michele (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-14	Common Stock	S	4300	$256.313	Disposed	147451	Direct
2023-04-14	Common Stock	S	700	$257.184	Disposed	146751	Direct
2023-04-14	Common Stock	S	4300	$256.301	Disposed	142451	Direct
2023-04-14	Common Stock	S	700	$257.184	Disposed	141751	Direct
2023-04-14	Common Stock	S	600	$257.235	Disposed	151751	Direct
2023-04-14	Common Stock	M	4251	$105.96	Acquired	156002	Direct
2023-04-14	Common Stock	S	3651	$256.303	Disposed	152351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-14	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 $255.850 to $256.680. 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 $257.070 to $257.300. 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 $255.850 to $256.680. 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 $257.070 to $257.300. 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 $257.070 to $257.460. 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 $255.940 to $256.890. 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: 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.