Jason Reiman - Mar 16, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role: SVP Chief Supply Chain Officer
Signature: /s/ Lauren H. Lacey, Agent for Jason R. Reiman
Stock symbol: HSY
Transactions as of: Mar 16, 2023
Transactions value $: -$160,486
Form type: 4
Date filed: 3/17/2023, 04:11 PM
Previous filing: Mar 16, 2023
Next filing: Mar 20, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HSY	Common Stock	Options Exercise	$126K	+1.17K	+6.92%	$107.95	18.1K	Mar 16, 2023	Direct
transaction	HSY	Common Stock	Sale	-$287K	-1.17K	-6.47%	$245.00	16.9K	Mar 16, 2023	Direct	F1

Showing 1 to 2 of 2 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HSY	Non-qualified Stock Option (Right to Buy)	Options Exercise	$0	-1.17K	-49.51%	$0.00	1.19K	Mar 16, 2023	Common Stock	1.17K	$107.95	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2022.
F2	The options vested according to the following schedule: 25% vested on February 22, 2018, 25% vested on February 22, 2019, 25% vested on February 22, 2020 and 25% vested on February 22, 2021.