Hershey Trust Co Trustee In Trust For Milton Hershey School's Form 4 filing
Hershey Co (HSY) · filed Feb 16, 2022
- Accession no.
- 0000908551-22-000006
- Filed
- Feb 16, 2022
- Trade date
- Feb 14, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $203.3M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hershey Trust Co Trustee In Trust For Milton Hershey SchoolCIK 0000938543 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 14, 2022 | Common Stock, $1.00 par value | CConversionAcquired | +1,000,000 | $203.35F1 | +$203,350,000 | 1,047,170 | Direct | |
| Feb 14, 2022 | Common Stock, $1.00 par value | SSaleDisposed | −1,000,000 | $203.35F2 | −$203,350,000 | 47,170 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 14, 2022 | Common Stock, $1.00 par value | CConversionDisposed | −1,000,000 | $203.35F5 | −$203,350,000 | 59,612,012 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Shares received upon conversion of Class B common stock. The conversion price is the market price at the time of conversion and represents the closing price on 02/14/2022.
Referenced by the price of 1 transaction in Table I.
- F2
Shares sold by the Milton Hershey School Trust in a private sale to The Hershey Company.
Referenced by the price of 1 transaction in Table I.
- F5
The conversion price is the market price at the time of conversion and represents the closing price on 02/14/2022.
Referenced by the price of 1 transaction in Table II.