Hershey Trust Co Trustee In Trust For Milton Hershey School - May 20, 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Role
10%+ Owner
Signature
Charity Rosenberry, VP Finance, Hershey Trust Company, Trustee
Stock symbol
HSY
Transactions as of
May 20, 2021
Transactions value $
-$2,007,892
Form type
4
Date filed
5/21/2021, 09:22 AM
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock, $1.00 par value Sale -$2.01M -11.6K -15.18% $173.09 64.8K May 20, 2021 By Hershey Trust Company F1, F2
holding HSY Common Stock, $1.00 par value 47.2K May 20, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HSY Class B Common Stock, $1.00 par value 60.6M May 20, 2021 Common Stock, $1.00 par value 60.6M $173.09 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold by Hershey Trust Company in an open market transaction.
F2 Hershey Trust Company is wholly owned by the Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
F3 All shares of Class B common stock, $1.00 par value, are convertible share-for-share into common stock, $1.00 par value, at any time, and without payment other than for the fact of conversion. There is no expiration date.
F4 Conversion price is the current market price ($173.09 represents the closing price on 5/20/2021).