Wege D Michael 4
4 · HERSHEY CO · Filed Aug 16, 2017
Insider Transaction Report
Form 4
HERSHEY COHSY
Wege D Michael
SVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2017-08-15$34.89/sh+1,000$34,890→ 28,766 total - Sale
Common Stock
2017-08-15$105.90/sh−1,000$105,900→ 27,766 total - Sale
Common Stock
2017-08-15$105.90/sh−100$10,590→ 27,766 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2017-08-15−1,000→ 2,000 totalExercise: $34.89Exp: 2019-02-16→ Common Stock (1,000 underlying)
Holdings
- 887.769(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2016.
- [F2]The total amount of securities reported as indirectly owned by the reporting person represents a reduction of 1.9464 shares allocated to the reporting person's account in the Company's 401(k) Plan ("Plan") as of July 31, 2017. To manage liquidity needs of the Plan, the Plan trustee from time-to-time maintains a lower overall share balance (versus cash) in the Plan, which in this instance resulted in a reduction in the number of shares allocated to the reporting person's account when compared to the reporting person's Form 4 filed on July 19, 2017. The information is based on a report dated August 1, 2017, provided by the Plan trustee.
- [F3]The options vested according to the following schedule: 25% vested on February 17, 2010, 25% vested on February 17, 2011, 25% vested on February 17, 2012 and 25% vested on February 17, 2013.