SEC Form 4 · accession 0001127602-18-025877
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
Aug 20, 2018
Accepted (ET)
Aug 21, 2018 · 3:44 pm 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 | Aug 20, 2018 | S | 1,500 | $101.90 | D | 173,894 | D | |
| Common StockF2 | holding | — | — | — | 179 | I | 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2018.
- F2The total amount of securities reported as indirectly owned by the reporting person represents a reduction of .2645 shares allocated to the reporting person's account in the Company's 401(k) Plan ("Plan") as of July 31, 2018. 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 July 23, 2018. The information is based on a report dated August 1, 2018, provided by the Plan trustee.