AI assistant
HERSHEY CO — Director's Dealing 2023
Jan 19, 2023
30084_dirs_2023-01-19_398038be-42f0-47ac-9ecf-b439a012f48e.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: 2023-01-17
Reporting Person: Buck Michele (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-17 | Common Stock | S | 2009 | $226.43 | Disposed | 138546 | Direct |
| 2023-01-17 | Common Stock | S | 1891 | $227.179 | Disposed | 136655 | Direct |
| 2023-01-17 | Common Stock | S | 100 | $228.15 | Disposed | 136555 | Direct |
| 2023-01-17 | Common Stock | S | 900 | $229.753 | Disposed | 135655 | Direct |
| 2023-01-17 | Common Stock | S | 100 | $230.54 | Disposed | 135555 | Direct |
| 2023-01-17 | Common Stock | S | 2024 | $226.424 | Disposed | 133531 | Direct |
| 2023-01-17 | Common Stock | S | 1876 | $227.211 | Disposed | 131655 | Direct |
| 2023-01-17 | Common Stock | S | 100 | $227.15 | Disposed | 131555 | Direct |
| 2023-01-17 | Common Stock | S | 1000 | $229.811 | Disposed | 130555 | Direct |
| 2023-01-17 | Common Stock | M | 4250 | $105.96 | Acquired | 134805 | Direct |
| 2023-01-17 | Common Stock | S | 1538 | $226.38 | Disposed | 133267 | Direct |
| 2023-01-17 | Common Stock | S | 1681 | $227.186 | Disposed | 131586 | Direct |
| 2023-01-17 | Common Stock | S | 200 | $228.125 | Disposed | 131386 | Direct |
| 2023-01-17 | Common Stock | S | 831 | $229.855 | Disposed | 130555 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-17 | Non-qualified Stock Option (Right to Buy) | $105.96 | M | 4250 | Disposed | 2024-02-17 | Common Stock (4250) | 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 August 16, 2022.
F2: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $225.940 to $226.930. 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 $226.960 to $227.670. 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.
F4: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $229.390 to $230.190. 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 $225.940 to $226.930. 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 $226.940 to $227.670. 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.
F7: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $229.390 to $230.540. 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 $225.850 to $226.730. 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: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $226.900 to $227.700. 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.
F10: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $228.060 to $228.19. 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.
F11: This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $229.540 to $230.485. 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.
F12: The options vested according to the following schedule: 25% vested on February 17, 2015, 25% vested on February 17, 2016, 25% vested on February 17, 2017 and 25% vested on February 17, 2018.