Kristen J. Riggs - Sep 7, 2021 Form 4 Insider Report for HERSHEY CO (HSY)

Role
SVP, Chief Growth Officer
Signature
/s/ James Turoff, Agent for Kristen J. Riggs
Stock symbol
HSY
Transactions as of
Sep 7, 2021
Transactions value $
-$187,539
Form type
4
Date filed
9/9/2021, 09:37 AM
Next filing
Sep 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale -$85.7K -489 -5.78% $175.25 7.98K Sep 7, 2021 Direct F1, F2
transaction HSY Common Stock Sale -$15.9K -90 -1.13% $176.16 7.89K Sep 7, 2021 Direct F1
transaction HSY Common Stock Options Exercise $14.6K +161 +2.04% $90.39 8.05K Sep 7, 2021 Direct
transaction HSY Common Stock Sale -$21.2K -121 -1.5% $175.16 7.93K Sep 7, 2021 Direct F1, F3
transaction HSY Common Stock Sale -$7.05K -40 -0.5% $176.19 7.89K Sep 7, 2021 Direct F1
transaction HSY Common Stock Options Exercise $63.8K +591 +7.49% $107.95 8.48K Sep 7, 2021 Direct
transaction HSY Common Stock Sale -$86.1K -491 -5.79% $175.33 7.99K Sep 7, 2021 Direct F1, F4
transaction HSY Common Stock Sale -$17.6K -100 -1.25% $176.16 7.89K Sep 7, 2021 Direct F1
transaction HSY Common Stock Options Exercise $42.9K +429 +5.44% $99.90 8.32K Sep 7, 2021 Direct
transaction HSY Common Stock Sale -$62.9K -359 -4.32% $175.26 7.96K Sep 7, 2021 Direct F1, F5
transaction HSY Common Stock Sale -$12.3K -70 -0.88% $176.16 7.89K Sep 7, 2021 Direct F1

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
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -161 -26.61% $0.00 444 Sep 7, 2021 Common Stock 161 $90.39 Direct F6
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -591 -30.54% $0.00 1.34K Sep 7, 2021 Common Stock 591 $107.95 Direct F7
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -429 -23.53% $0.00 1.39K Sep 7, 2021 Common Stock 429 $99.90 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 4, 2021.
F2 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.090 to $175.850. 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 $175.100 to $175.190. 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.
F4 This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.150 to $175.900. 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 $175.070 to $175.710. 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 The options vested according to the following schedule: 25% vested on February 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.
F7 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.
F8 The options vest according to the following schedule: 25% vested on February 20, 2019, 25% vested on February 20, 2020, 25% vested on February 20, 2021 and 25% will vest on February 20, 2022.