FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Riggs Kristen J
2. Issuer Name and Ticker or Trading Symbol

HERSHEY CO [ HSY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP, Chief Growth Officer
(Last)          (First)          (Middle)

19 EAST CHOCOLATE AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

9/7/2021
(Street)

HERSHEY, PA 17033
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9/7/2021  S(1)  489 D$175.251 (2)7977 D  
Common Stock 9/7/2021  S(1)  90 D$176.16 7887 D  
Common Stock 9/7/2021  M  161 A$90.39 8048 D  
Common Stock 9/7/2021  S(1)  121 D$175.157 (3)7927 D  
Common Stock 9/7/2021  S(1)  40 D$176.19 7887 D  
Common Stock 9/7/2021  M  591 A$107.95 8478 D  
Common Stock 9/7/2021  S(1)  491 D$175.334 (4)7987 D  
Common Stock 9/7/2021  S(1)  100 D$176.16 7887 D  
Common Stock 9/7/2021  M  429 A$99.90 8316 D  
Common Stock 9/7/2021  S(1)  359 D$175.258 (5)7957 D  
Common Stock 9/7/2021  S(1)  70 D$176.16 7887 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-qualified Stock Option (Right to Buy) $90.39 9/7/2021  M     161   (6)2/15/2026 Common Stock 161 $0 444 D  
Non-qualified Stock Option (Right to Buy) $107.95 9/7/2021  M     591   (7)2/21/2027 Common Stock 591 $0 1344 D  
Non-qualified Stock Option (Right to Buy) $99.90 9/7/2021  M     429   (8)2/19/2028 Common Stock 429 $0 1394 D  

Explanation of Responses:
(1) The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 4, 2021.
(2) This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.090 to $175.850. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
(3) This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.100 to $175.190. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
(4) This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.150 to $175.900. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
(5) This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $175.070 to $175.710. Upon the request of the SEC staff, the issuer or a security holder of the issuer, the reporting person undertakes to provide information regarding the number of shares sold at each separate price.
(6) The options vested according to the following schedule: 25% vested on February 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.
(7) The options vested according to the following schedule: 25% vested on February 22, 2018, 25% vested on February 22, 2019, 25% vested on February 22, 2020 and 25% vested on February 22, 2021.
(8) The options vest according to the following schedule: 25% vested on February 20, 2019, 25% vested on February 20, 2020, 25% vested on February 20, 2021 and 25% will vest on February 20, 2022.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Riggs Kristen J
19 EAST CHOCOLATE AVENUE
HERSHEY, PA 17033


SVP, Chief Growth Officer

Signatures
/s/ James Turoff, Agent for Kristen J. Riggs9/9/2021
**Signature of Reporting PersonDate

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