SEC Form 4 · accession 0000938543-18-000004
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Nov 7, 2018
Accepted (ET)
Nov 8, 2018 · 12:12 pm EST
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 | Nov 7, 2018 | S | 4,050,000 | $106.30 | D | 4,250,791 | D | |
| Common Stock, $1.00 par valueF2 | Nov 7, 2018 | S | 450,000 | $106.30 | D | 3,800,791 | D | |
| Common Stock, $1.00 par valueF3 | holding | — | — | — | 102,330 | I | By Hershey Trust Company |
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 valueF4,F5 | $108.05 | holding | — | — | — | — | — | Common Stock, $1.00 par value | 60,612,012 | 60,612,012 | D |
Explanation of responses
- F1Shares sold by the Milton Hershey School Trust in an open market transaction.
- F2Shares sold by the Milton Hershey School Trust in a private sale to The Hershey Company.
- F3Hershey Trust Company is wholly owned by the Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F4All 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.
- F5Conversion price is the current market price ($108.05 represents the closing price on 11/07/2018).