SEC Form 4 · accession 0001127602-16-065553
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michele Buck
Officer — EVP, Chief Operating Officer
Period of report
Oct 28, 2016
Accepted (ET)
Oct 31, 2016 · 4:05 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 Stock | Oct 28, 2016 | M | 4,000 | $60.68 | A | 159,210 | D | |
| Common Stock | Oct 28, 2016 | S | 4,000 | $103.00 | D | 155,210 | D | |
| Common StockF2 | holding | — | — | — | 172 | 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 | $60.68 | Oct 28, 2016 | M | 4,000 | D | — | Feb 20, 2022 | Common Stock | 4,000 | 23,507 | 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 August 31, 2016.
- F2The total amount of securities reported as indirectly owned by the reporting person includes 1.9124 shares acquired from June 1, 2016 through September 30, 2016, pursuant to the Company's 401(k) Plan ("Plan"). The information is based on a report dated October 3, 2016, provided by the Plan Trustee.
- F3The options vested according to the following schedule: 25% vested on February 21, 2013, 25% vested on February 21, 2014, 25% vested on February 21, 2015 and 25% vested on February 21, 2016.