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4//SEC Filing

HERSHEY CO 4

Accession 0000047111-06-000157

$HSYCIK 0000047111operating

Filed

Jun 18, 8:00 PM ET

Accepted

Jun 19, 1:43 PM ET

Size

11.0 KB

Accession

0000047111-06-000157

Insider Transaction Report

Form 4
Period: 2006-06-16
HERNQUIST THOMAS K
SVP, Chief Marketing Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2006-06-16+1,25025,941.131 total
  • Exercise/Conversion

    Restricted Stock Units

    2006-06-161,25020,870 total
    Common Stock (1,250 underlying)
  • Disposition to Issuer

    Common Stock

    2006-06-16$54.55/sh1,250$68,18824,691.131 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    484.31
Footnotes (4)
  • [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of The Hershey Company or its cash equivalent.
  • [F2]The total amount of securities reported as directly owned by the reporting person in Column 5 of Table I includes 29.6381 shares acquired on March 15, 2006 pursuant to the Company's Dividend Reinvestment Plan.
  • [F3]Vested Restricted Stock Units granted under the Company's Key Employee Incentive Plan ("Plan") converted and settled with the Company in cash as permitted under the Plan.
  • [F4]Restricted Stock Units ("RSUs") granted on June 16, 2004 of which 1,250 RSUs vested on June 16, 2006. The remaining unvested RSUs will vest according to the following schedule: 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 settle the vested RSUs for cash.

Issuer

HERSHEY CO

CIK 0000047111

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000047111

Filing Metadata

Form type
4
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 1:43 PM ET
Size
11.0 KB