SEC Form 4 · accession 0001127602-17-022192
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michele Buck
Officer — President and CEO · Director
Period of report
Jun 26, 2017
Accepted (ET)
Jun 27, 2017 · 11:37 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 | Jun 26, 2017 | S | 400 | $110.11 | D | 166,497 | D | |
| Common StockF2 | holding | — | — | — | 174 | I | 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2017.
- F2The total amount of securities reported as indirectly owned by the reporting person represents a reduction of .006 shares allocated to the reporting person's account in the Company's 401(k) Plan ("Plan") as of May 31, 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 May 3, 2017. The information is based on a report dated June 1, 2017, provided by the Plan trustee.