Filing Details

Accession Number:
0000938543-22-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-13 15:40:11
Reporting Period:
2022-07-11
Accepted Time:
2022-07-13 15:40:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
47111 Hershey Co HSY Sugar & Confectionery Products (2060) 230691590
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
938543 Hershey Trust Co Trustee In Trust For Milton Hershey School 100 Mansion Road East
P O Box 445
Hershey PA 17033
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $1.00 Par Value Disposition 2022-07-11 25,627 $221.23 280,654 No 4 S Direct
Common Stock, $1.00 Par Value Disposition 2022-07-11 1,000 $222.11 279,654 No 4 S Direct
Common Stock, $1.00 Par Value Disposition 2022-07-12 68,390 $221.36 211,264 No 4 S Direct
Common Stock, $1.00 Par Value Disposition 2022-07-12 20,356 $222.18 190,908 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $1.00 Par Value 48,230 Indirect By Hershey Trust Company
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, $1.00 Par Value Class B Common Stock, $1.00 par value $220.13 58,112,012 58,112,012 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
58,112,012 58,112,012 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on May 24, 2022. Accordingly, the reporting person had no discretion with regard to the timing of the transactions.
  2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $221.00 to $221.88, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $222.00 to $222.13, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $221.00 to $221.99, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $222.00 to $222.49, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  6. Hershey Trust Company is wholly owned by the Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
  7. All shares of Class B common stock, $1.00 par value, are 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.
  8. Conversion price is the current market price ($220.13 represents the closing price on 7/12/2022).