4//SEC Filing
HERNQUIST THOMAS K 4
Accession 0000047111-05-000096
CIK 0000047111other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 4:07 PM ET
Size
6.4 KB
Accession
0000047111-05-000096
Insider Transaction Report
Form 4
HERNQUIST THOMAS K
SVP, Chief Marketing Officer
Transactions
- Award
Restricted Stock Units
2005-02-28+10,000→ 25,500 total→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Hershey Foods Corporation Common Stock or its cash equivalent.
- [F2]Restricted stock units 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. Once vested, restricted stock units may be: (1) settled in cash having a value equivalent to the closing price of Common Stock on the New York Stock Exchange on the day preceding the vesting date, in an equal number of shares of Common Stock, or in a combination of cash and Common Stock; or (2) deferred under the Company's Deferred Compensation Plan.
Documents
Issuer
HERSHEY FOODS CORP
CIK 0000047111
Entity typeother
Related Parties
1- filerCIK 0001229119
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 4:07 PM ET
- Size
- 6.4 KB