SEC Form 4 · accession 0001127602-17-013685
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Bilbrey
Director
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 10:02 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 StockF1 | Apr 1, 2017 | A | 468 | $0.00 | A | 195,837 | D | |
| Common StockF2 | holding | — | — | — | 336 | I | 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This reflects a reduction of 13,511 restricted stock units previously reported as beneficially owned, which were forfeited as a result of Mr. Bilbrey's retirement as an officer effective March 1, 2017.
- F2The total amount of securities reported as indirectly owned by the reporting person represents a reduction of .4435 shares allocated to the reporting person's account in the Company's 401(k) Plan ("Plan") as of February 28, 2017. To manage liquidity needs of the Plan, the Plan trustee from time-to-time maintains a lower overall share balance (versus cash) in the Plan, which in this instance resulted in a reduction in the number of shares allocated to the reporting person's account when compared to the reporting person's Form 4 filed on February 24, 2017. The information is based on a report dated March 1, 2017, provided by the Plan trustee.