SEC Form 4 · accession 0001127602-15-007845
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M McConville
Officer — VP, Chief Accounting Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 24, 2015 · 1:30 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 | Feb 23, 2015 | M | 2,888 | $34.89 | A | 5,484 | D | |
| Common StockF1 | Feb 23, 2015 | S | 2,888 | $106.195 | D | 2,596 | D | |
| Common Stock | Feb 23, 2015 | M | 3,500 | $39.26 | A | 6,096 | D | |
| Common StockF2 | Feb 23, 2015 | S | 3,500 | $106.183 | D | 2,596 | D | |
| Common Stock | Feb 23, 2015 | F | 33 | $105.97 | D | 2,563 | D | |
| Common Stock | Feb 23, 2015 | F | 36 | $105.97 | D | 2,527 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $34.89 | Feb 23, 2015 | M | 2,888 | D | — | Feb 16, 2019 | Common Stock | 2,888 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $39.26 | Feb 23, 2015 | M | 3,500 | D | — | Feb 22, 2020 | Common Stock | 3,500 | 6,555 | D |
Explanation of responses
- F1This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $106.180 to $106.200. 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.
- F2This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $106.180 to $106.185. 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.
- F3The options vest according to the following schedule: 25% vested on February 17, 2010, 25% vested on February 17, 2011, 25% vested on February 17, 2012 and 25% vested on February 17, 2013.
- F4The options vest according to the following schedule: 25% vested on February 23, 2011, 25% vested on February 23, 2012, 25% vested on February 23, 2013 and 25% vested on February 23, 2014.