SEC Form 4 · accession 0001127602-16-049378
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
Apr 15, 2016
Accepted (ET)
Apr 19, 2016 · 9:40 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 | Apr 15, 2016 | S | 100 | $92.32 | D | 27,588 | D | |
| Common Stock | Apr 15, 2016 | M | 1,000 | $54.68 | A | 28,588 | D | |
| Common Stock | Apr 15, 2016 | S | 1,000 | $92.32 | D | 27,588 | D | |
| Common StockF2 | holding | — | — | — | 867 | 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 | Apr 15, 2016 | M | 1,000 | D | — | Apr 22, 2017 | Common Stock | 1,000 | 3,550 | 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 4.0534 shares acquired from March 8, 2016 through April 1, 2016, pursuant to the Company's 401(k) Plan ("Plan"). The information is based on a report dated March 31, 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.