SEC Form 4 · accession 0001127602-18-028192
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
Sep 20, 2018
Accepted (ET)
Sep 21, 2018 · 10:17 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 | Sep 20, 2018 | S | 1,500 | $102.82 | D | 172,394 | 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 .0277 shares allocated to the reporting person's account in the Company's 401(k) Plan ("Plan") as of August 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 August 21, 2018. The information is based on a report dated September 4, 2018, provided by the Plan trustee.