Rohit Grover - Mar 20, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role
President, International
Signature
/s/ Lauren H. Lacey, Agent for Rohit Grover
Stock symbol
HSY
Transactions as of
Mar 20, 2023
Transactions value $
-$181,012
Form type
4
Date filed
3/21/2023, 04:11 PM
Previous filing
Feb 28, 2023
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $107K +1.18K +6.21% $90.39 20.2K Mar 20, 2023 Direct
transaction HSY Common Stock Sale -$288K -1.18K -5.85% $243.79 19K Mar 20, 2023 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 -1.18K -100% $0.00* 0 Mar 20, 2023 Common Stock 1.18K $90.39 Direct F2
* 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 February 9, 2023.
F2 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.