CARR JAY F 4/A
4/A · HERSHEY FOODS CORP · Filed Mar 8, 2002
Insider Transaction Report
Form 4
Fresne, Donald C.
Director
Transactions
- Discretionary Transaction
Common Stock
2002-01-01−6,643.44→ 0 total(indirect: By 401(k)) - Exercise/Conversion
Non-Qualified Stock Option
2002-01-30+9,600Exercise: $24.19Exp: 2005-01-03→ Common Stock (9,600 underlying) - Exercise/Conversion
Common Stock
2002-01-30$24.19/sh+9,600$232,200 - Sale
Common Stock
2002-01-30$69.63/sh−9,600$668,448→ 0 total - Award
Non-Qualified Stock Option
2002-01-22+9,850→ 9,850 total→ Common Stock (9,850 underlying)
Holdings
- 0(indirect: by Son)
Common Stock
Footnotes (2)
- [1]These options were granted under the Hershey Foods Corporation 1987 Key Employee Incentive Plan, and they have a stock withholding feature which permits the withholding of shares of stock at the time of exercise to satisfy the grantee's income tax withholding rights.
- [2]Options vest according to the following schedule: 25% vest on the first anniversary of the grant date, an additional 25% vest on the second anniversary of the grant date, an additional 25% vest on the third anniversary of the grant date, and the options become fully vested on the fourth anniversary of the grant date.