Sec Form 4 Filing - Riggs Kristen J @ HERSHEY CO - 2021-09-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Riggs Kristen J
2. Issuer Name and Ticker or Trading Symbol
HERSHEY CO [ HSY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Chief Growth Officer
(Last) (First) (Middle)
19 EAST CHOCOLATE AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
09/07/2021
(Street)
HERSHEY, PA17033
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/07/2021 S( 1 ) 489 D $ 175.251 ( 2 ) 7,977 D
Common Stock 09/07/2021 S( 1 ) 90 D $ 176.16 7,887 D
Common Stock 09/07/2021 M 161 A $ 90.39 8,048 D
Common Stock 09/07/2021 S( 1 ) 121 D $ 175.157 ( 3 ) 7,927 D
Common Stock 09/07/2021 S( 1 ) 40 D $ 176.19 7,887 D
Common Stock 09/07/2021 M 591 A $ 107.95 8,478 D
Common Stock 09/07/2021 S( 1 ) 491 D $ 175.334 ( 4 ) 7,987 D
Common Stock 09/07/2021 S( 1 ) 100 D $ 176.16 7,887 D
Common Stock 09/07/2021 M 429 A $ 99.9 8,316 D
Common Stock 09/07/2021 S( 1 ) 359 D $ 175.258 ( 5 ) 7,957 D
Common Stock 09/07/2021 S( 1 ) 70 D $ 176.16 7,887 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option (Right to Buy) $ 90.39 09/07/2021 M 161 ( 6 ) 02/15/2026 Common Stock 161 $ 0 444 D
Non-qualified Stock Option (Right to Buy) $ 107.95 09/07/2021 M 591 ( 7 ) 02/21/2027 Common Stock 591 $ 0 1,344 D
Non-qualified Stock Option (Right to Buy) $ 99.9 09/07/2021 M 429 ( 8 ) 02/19/2028 Common Stock 429 $ 0 1,394 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Riggs Kristen J
19 EAST CHOCOLATE AVENUE
HERSHEY, PA17033
SVP, Chief Growth Officer
Signatures
/s/ James Turoff, Agent for Kristen J. Riggs 09/09/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2021.
( 2 )This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.090 to $175.850. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
( 3 )This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.100 to $175.190. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
( 4 )This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.150 to $175.900. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
( 5 )This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.070 to $175.710. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
( 6 )The options vested according to the following schedule: 25% vested on Februar y 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.
( 7 )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.
( 8 )The options vest according to the following schedule: 25% vested on February 20, 2019, 25% vested on February 20, 2020, 25% vested on February 20, 2021 and 25% will vest on February 20, 2022.

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