SEC Form 4 · accession 0001127602-17-008165
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
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 3:32 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 22, 2017 | A | 2,790 | $0.00 | A | 28,878 | D | |
| Common Stock | Feb 22, 2017 | F | 273 | $107.95 | D | 28,605 | D | |
| Common Stock | holding | — | — | — | 881 | 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)F1 | $107.95 | Feb 22, 2017 | A | 13,215 | A | — | Feb 21, 2027 | Common Stock | 13,215 | 13,215 | D |
Explanation of responses
- F1Options vest according to the following schedule: 25% vest on the first anniversary of the grant date, an additional 25% vest on the second anniversary of the grant date, an additional 25% vest on the third anniversary of the grant date, and the options become fully vested on the fourth anniversary of the grant date.