HERNQUIST THOMAS K 4
4 · HERSHEY CO · Filed Jun 17, 2005
Insider Transaction Report
Form 4
HERSHEY COHSY
HERNQUIST THOMAS K
SVP, Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2005-06-16$64.55/sh−94$6,068→ 6,336.113 total - Exercise/Conversion
Common Stock
2005-06-16$64.55/sh+94$6,068→ 6,430.113 total - Exercise/Conversion
Restricted Stock Units
2005-06-16$64.55/sh−94$6,068→ 24,620 total→ Common Stock (94 underlying)
Holdings
- 405.49(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Restricted Stock Units ("RSU") converted and withheld for payment of taxes upon vesting of the RSU grant.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of The Hershey Company or its cash equivalent.
- [F3]1,250 RSUs vested on June 16, 2005. The remaining unvested RSUs granted on June 16, 2004, will vest according to the following schedule: 1,250 on June 16, 2006; 1,250 on June 16, 2007; and the final 1,250 on June 16, 2008. Once vested, RSUs 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. The reporting person has elected to defer payment of shares underlying the RSU grant (except for such shares as are necessary to satisfy current tax obligations) until January 2010