SEC Form 4 · accession 0001127602-17-020181
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Michael Wege
Officer — SVP, Chief Admin Officer
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 8:34 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 | May 31, 2017 | M | 14,440 | $34.89 | A | 42,506 | D | |
| Common StockF1 | May 31, 2017 | S | 14,440 | $115.554 | D | 28,066 | D | |
| Common Stock | holding | — | — | — | 884 | 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 | $34.89 | May 31, 2017 | M | 14,440 | D | — | Feb 16, 2019 | Common Stock | 14,440 | 5,000 | D |
Explanation of responses
- F1This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $115.350 to $115.860. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
- F2The options vested according to the following schedule: 25% vested on February 17, 2010, 25% vested on February 17, 2011, 25% vested on February 17, 2012 and 25% vested on February 17, 2013.