HERSHEY CO — Director's Dealing 2023

Mar 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HERSHEY CO (HSY)
CIK: 0000047111
Period of Report: 2023-03-17

Reporting Person: Reiman Jason (SVP Chief Supply Chain Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-17	Common Stock	M	305	$107.95	Acquired	17239	Direct
2023-03-17	Common Stock	S	300	$245.388	Disposed	16939	Direct
2023-03-17	Common Stock	S	5	$246.35	Disposed	16934	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-17	Non-qualified Stock Option (Right to Buy)	$107.95	M	305	Disposed	2027-02-21	Common Stock (305)	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 May 24, 2022.

F2: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $245.050 to $245.640. 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: 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.