SEC Form 4 · accession 0001127602-17-014256
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd W Tillemans
Officer — President, U.S.
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 9:34 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 Stock | Apr 3, 2017 | A | 6,600 | $0.00 | A | 6,600 | D |
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 | $108.92 | Apr 3, 2017 | A | 13,920 | A | — | Apr 2, 2027 | Common Stock | 13,920 | 13,920 | 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.