SEC Form 4 · accession 0001127602-18-007731
HERSHEY CO · HSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin R Walling
Officer — SVP Chief HR Officer
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 4:05 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 20, 2018 | A | 3,261 | $0.00 | A | 35,755 | D | |
| Common Stock | Feb 20, 2018 | F | 197 | $99.90 | D | 35,558 | 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 | $99.90 | Feb 20, 2018 | A | 16,415 | A | — | Feb 19, 2028 | Common Stock | 16,415 | 16,415 | 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.