4//SEC Filing
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 4
Accession 0000938543-23-000008
CIK 0000047111other
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 12:05 PM ET
Size
12.1 KB
Accession
0000938543-23-000008
Insider Transaction Report
Form 4
HERSHEY COHSY
Transactions
- Sale
Common Stock, $1.00 par value
2023-06-22$260.14/sh−30,988$8,061,348→ 2,083,359 total - Sale
Common Stock, $1.00 par value
2023-06-23$260.28/sh−6,910$1,798,506→ 2,076,449 total - Sale
Common Stock, $1.00 par value
2023-06-23$261.09/sh−38$9,921→ 2,076,411 total
Holdings
- 54,612,012
Class B Common Stock, $1.00 par value
Exercise: $259.09→ Common Stock, $1.00 par value (54,612,012 underlying) - 39,630(indirect: By Trust)
Common Stock, $1.00 par value
Footnotes (6)
- [F1]The Sales Reported in this form 4 were pursuant to Rule 10b5-1 Plan adopted by the reporting person on May 24, 2023. accordingly, the reporting person had no discretion with regard to the timing of the transaction.
- [F2]The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transaction at price ranging from 260.00 to 260.99, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F3]The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transaction at price ranging from 261.00 to 261.99, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- [F5]All shares of Class B common stock, $1.00 par value convertible share-for-share into common stock, $1.00 par value, at any time, and without payment other than for the fact of conversion. There is no expiration date.
- [F6]The conversion price is the market price at the time of conversion and represents the closing price on the previous business day, which is 06/23/2023
Documents
Issuer
HERSHEY CO
CIK 0000047111
Entity typeother
IncorporatedPA
Related Parties
1- filerCIK 0000938543
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 12:05 PM ET
- Size
- 12.1 KB