SEC Form 4 · accession 0001127602-16-039044
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Michael Wege
Officer — SVP, CAO
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 4:00 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 1, 2016 | S | 100 | $90.00 | D | 24,350 | D | |
| Common Stock | Feb 1, 2016 | M | 1,000 | $54.68 | A | 25,350 | D | |
| Common Stock | Feb 1, 2016 | S | 1,000 | $90.00 | D | 24,350 | D | |
| Common StockF2 | holding | — | — | — | 861 | I | 401(k) Plan |
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 | $54.68 | Feb 1, 2016 | M | 1,000 | D | — | Apr 22, 2017 | Common Stock | 1,000 | 6,550 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2015.
- F2The total amount of securities reported as indirectly owned by the reporting person includes 3.6914 shares acquired from December 1, 2015 through December 31, 2015, pursuant to the Company's 401(k) Plan ("Plan"). The information is based on a report dated January 4, 2016, provided by the Plan Trustee.
- F3The options vested according to the following schedule: 25% vested on April 23, 2008, 25% vested on April 23, 2009, 25% vested on April 23, 2010 and 25% vested on April 23, 2011.