4//SEC Filing
Binder Charlene H 4
Accession 0001246360-09-001565
CIK 0000047111other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 1:53 PM ET
Size
8.7 KB
Accession
0001246360-09-001565
Insider Transaction Report
Form 4
HERSHEY COHSY
Binder Charlene H
SVP, Chief People Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2009-04-24−5,500→ 5,500 totalExercise: $0.00→ Common Stock (5,500 underlying) - Exercise/Conversion
Common Stock
2009-04-24+5,500→ 5,500 total
Footnotes (6)
- [F1]Restricted Stock Units ("RSUs") converted to phantom stock units and deferred under the Company's Deferred Compensation Plan. The units are payable only in shares of Common Stock at the end of the deferral period.
- [F2]Each deferred phantom stock unit is equivalent to one share of Common Stock of The Hershey Company.
- [F3]Restricted Stock Units (?RSUs?) granted on April 21, 2008 of which 5,500 RSUs vested on April 24, 2009. The remaining RSUs will vest on March 24, 2010. 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 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. RSUs deferred as phantom stock units are payable only in shares of Common Stock at the end of the deferral period. The reporting person has elected to defer payment of the RSU award in phantom shares of Common Stock.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of The Hershey Company or its cash equivalent.
- [F5]See Footnote (3) above.
- [F6]See Footnote (3) above.
Documents
Issuer
HERSHEY CO
CIK 0000047111
Entity typeother
Related Parties
1- filerCIK 0001431243
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 1:53 PM ET
- Size
- 8.7 KB