Form 4 for HSY Hershey Company (The)

Accepted 2022-02-16 00:00:00 ET · period of report 2022-02-14 · accession 0000908551-22-000006 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-02-16	2022-02-14	HSY	HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL	10%	C - Cnv Deriv	$203.35	+1.00M	1.05M	+2,120%	+$203.35M
D	2022-02-16	2022-02-14	HSY	HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL	10%	S - Sale	$203.35	-1.00M	47.2K	-95%	-$203.35M
D	2022-02-16	2022-02-14	HSY	HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL	10%	C - Cnv Deriv	$203.35	-1.00M	59.61M	-2%	-$203.35M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, $1.00 par value	2022-02-14	C	A	1,000,000	$203.35	1,047,170	D	—	—	(F1) Shares received upon conversion of Class B common stock. The conversion price is the market price at the time of conversion and represents the closing price on 02/14/2022.
2	Common	Common Stock, $1.00 par value	2022-02-14	S	D	1,000,000	$203.35	47,170	D	—	—	(F2) Shares sold by the Milton Hershey School Trust in a private sale to The Hershey Company.
3	Derivative	Class B Common Stock, $1.00 par value	2022-02-14	C	D	1,000,000	$203.35	59,612,012	D	$203.35 · — to —	1,000,000 Common Stock, $1.00 par value	(F4) All shares of Class B common stock, $1.00 par value convertible share-for-share into common stock, $1.00 par value, at any time, and without payment other than for the fact of conversion. There is no expiration date. (F5) The conversion price is the market price at the time of conversion and represents the closing price on 02/14/2022.