Statement of Changes in Beneficial Ownership (4)
July 12 2022 - 05:17PM
Edgar (US Regulatory)
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FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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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
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| 1. Name
and Address of Reporting Person * HERSHEY TRUST CO
TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL |
2. Issuer Name and Ticker or Trading
Symbol HERSHEY CO [ HSY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director __X__
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
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(Last)
(First)
(Middle)
100 MANSION ROAD EAST, P O BOX 445 |
3. Date of Earliest Transaction (MM/DD/YYYY)
7/8/2022
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(Street)
HERSHEY, PA 17033
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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, $1.00 par
value |
7/8/2022 |
|
S(1) |
|
12078 |
D |
$221.2234 (2) |
306281 |
D |
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Common Stock, $1.00 par
value |
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|
|
|
|
|
|
48230 |
I |
By Hershey Trust Company (3) |
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
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. 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 Date |
7. 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) |
|
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
|
Class B Common Stock, $1.00 par
value |
$220.5 (5) |
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|
|
|
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(4) |
(4) |
Common Stock, $1.00 par
value |
58112012 |
|
58112012 |
D |
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| Explanation of
Responses: |
| (1) |
The sales reported in this
Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the
reporting person on May 24, 2022. Accordingly, the reporting person
had no discretion with regard to the timing of the
transactions. |
| (2) |
The price reported in Column
4 is a weighted average price. The shares were sold in multiple
transactions at prices ranging from $221.00 to $221.80, 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. |
| (3) |
Hershey Trust Company is
wholly owned by the Milton Hershey School Trust and is trustee for
the Milton Hershey School Trust. |
| (4) |
All shares of Class B common
stock, $1.00 par value, are 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. |
| (5) |
Conversion price is the
current market price ($220.50 represents the closing price on
7/11/2022). |
Reporting
Owners
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|
Reporting Owner Name / Address |
Relationships
|
|
Director |
10% Owner |
Officer |
Other |
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON
HERSHEY SCHOOL
100 MANSION ROAD EAST
P O BOX 445
HERSHEY, PA 17033 |
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X |
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Signatures
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Charity Rosenberry, VP Finance Hershey Trust Co
Trustee in Trust for Milton Hershey School |
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7/12/2022 |
| **Signature of
Reporting Person |
Date |
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Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
| * |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
| ** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
|
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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