SEC Form 4 · accession 0001127602-16-046451
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
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 12:34 pm 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 StockF2 | Mar 15, 2016 | S | 100 | $92.00 | D | 27,688 | D | |
| Common Stock | Mar 15, 2016 | M | 1,000 | $54.68 | A | 28,688 | D | |
| Common Stock | Mar 15, 2016 | S | 1,000 | $92.00 | D | 27,688 | D | |
| Common StockF3 | holding | — | — | — | 863 | 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)F4 | $54.68 | Mar 15, 2016 | M | 1,000 | D | — | Apr 22, 2017 | Common Stock | 1,000 | 4,550 | 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 includes one additional share as a result of tax reconciliation in connection with withholding previously reported on Form 4 filed February 18, 2016.
- F3The total amount of securities reported as indirectly owned by the reporting person includes .3665 shares acquired from February 1, 2016 through March 7, 2016, pursuant to the Company's 401(k) Plan ("Plan"). The information is based on a report dated March 8, 2016, provided by the Plan Trustee.
- F4The 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.