SEC Form 4 · accession 0000908551-18-000007
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
HERSHEY TRUST CO
10% Owner
Period of report
Oct 29, 2018
Accepted (ET)
Oct 30, 2018 · 9:31 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000047111
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 par valueF1 | Oct 29, 2018 | S | 47,170 | $106.00 | D | 102,330 | D | |
| Common Stock, $1.00 par valueF1 | Oct 29, 2018 | P | 47,170 | $106.00 | A | 8,300,791 | I | By Milton Hershey School Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, $1.00 par valueF2,F3 | $106.00 | holding | — | — | — | — | — | Common Stock, $1.00 par value | 60,612,012 | 60,612,012 | I |
Explanation of responses
- F1Represents the sale of shares to the Milton Hershey School Trust. The reporting person is wholly owned by the Milton Hershey School Trust.
- F2All 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.
- F3Conversion price is the current market price ($106.00 represents the closing price on 10/29/2018).