SEC Form 4 · accession 0001127602-17-008192
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Bilbrey
Officer — Chairman, President and CEO · Director
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 3:48 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 | 22,153 | $0.00 | A | 210,793 | D | |
| Common Stock | Feb 22, 2017 | F | 1,913 | $107.95 | D | 208,880 | D | |
| Common StockF1 | holding | — | — | — | 336 | 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)F2 | $107.95 | Feb 22, 2017 | A | 112,065 | A | — | Feb 21, 2027 | Common Stock | 112,065 | 112,065 | D |
Explanation of responses
- F1The total amount of securities reported as indirectly owned by the reporting person includes 7.1503 shares acquired from February 1, 2016 through January 31, 2017, pursuant to the Company's 401(k) Plan ("Plan"). The information is based on a report dated February 1, 2017, provided by the Plan Trustee.
- F2Options 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.