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Buck Michele's Form 4 filing

Hershey Co (HSY) · filed Feb 15, 2023

Accession no.
0001127602-23-005327
Filed
Feb 15, 2023
Trade date
Feb 14, 2023
Filing delay
1 day
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 10 non-derivative transactions and 1 derivative transaction. Open-market sales total $3.42M. It was filed 1 day 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.

Reporting owners on this filing
OwnerRelationship to the company
Buck MicheleCIK 0001323734Director, Officer (Chairman, President and CEO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 14, 2023Common StockMOption exerciseAcquired+4,250$105.96+$450,330134,805Direct
Feb 14, 2023Common StockSSaleDisposed−1,088$239.30F2−$260,358.4133,717Direct
Feb 14, 2023Common StockSSaleDisposed−2,662$240.28F3−$639,625.36131,055Direct
Feb 14, 2023Common StockSSaleDisposed−500$241.31F4−$120,655130,555Direct
Feb 14, 2023Common StockSSaleDisposed−1,401$239.33F5−$335,301.33129,154Direct
Feb 14, 2023Common StockSSaleDisposed−2,887$240.29F6−$693,717.23126,267Direct
Feb 14, 2023Common StockSSaleDisposed−712$241.29F7−$171,798.48125,555Direct
Feb 14, 2023Common StockSSaleDisposed−1,543$239.38F8−$369,363.34124,012Direct
Feb 14, 2023Common StockSSaleDisposed−2,720$240.32F9−$653,670.4121,292Direct
Feb 14, 2023Common StockSSaleDisposed−737$241.24F10−$177,793.88120,555Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 14, 2023Common StockMOption exerciseDisposed−4,250$0.00$021,255Direct

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.

F2

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.850 to $239.450. 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.

Referenced by the price of 1 transaction in Table I.

F3

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $239.880 to $240.800. 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.

Referenced by the price of 1 transaction in Table I.

F4

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $240.910 to $241.530. 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.

Referenced by the price of 1 transaction in Table I.

F5

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.850 to $239.620. 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.

Referenced by the price of 1 transaction in Table I.

F6

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $239.900 to $240.770. 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.

Referenced by the price of 1 transaction in Table I.

F7

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $240.900 to $241.720. 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.

Referenced by the price of 1 transaction in Table I.

F8

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.840 to $239.830. 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.

Referenced by the price of 1 transaction in Table I.

F9

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $238.860 to $240.800. 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.

Referenced by the price of 1 transaction in Table I.

F10

This reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $240.910 to $241.540. 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)