SEC Form 4 · accession 0001127602-16-070968
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Michael Wege
Officer — SVP, GS, India, ME, Comm & CSR
Period of report
Dec 27, 2016
Accepted (ET)
Dec 28, 2016 · 11:43 am 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 | Dec 27, 2016 | S | 100 | $103.57 | D | 26,788 | D | |
| Common Stock | Dec 27, 2016 | M | 1,000 | $35.87 | A | 27,788 | D | |
| Common Stock | Dec 27, 2016 | S | 1,000 | $103.57 | D | 26,788 | D | |
| Common StockF2 | holding | — | — | — | 878 | 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 | $35.87 | Dec 27, 2016 | M | 1,000 | D | — | Feb 12, 2018 | Common Stock | 1,000 | 2,890 | 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 22, 2016.
- F2The total amount of securities reported as indirectly owned by the reporting person includes 2.9268 shares acquired from November 1, 2016 through November 30, 2016, pursuant to the Company's 401(k) Plan ("Plan"). The information is based on a report dated December 1, 2016, provided by the Plan Trustee.
- F3The options vested according to the following schedule: 25% vested on February 13, 2009, 25% vested on February 13, 2010, 25% vested on February 13, 2011 and 25% vested on February 13, 2012.