Sec Form 4 Filing - Villasenor Vero @ HERSHEY CO - 2025-02-19

Insider filing report for Changes in Beneficial Ownership
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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).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Villasenor Vero
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)
President, Salty Snacks
(Last) (First) (Middle)
19 E. CHOCOLATE AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
02/19/2025
(Street)
HERSHEY, PA17033
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 02/19/2025 A 6,013 A $ 0 15,440.428 D
Common Stock 02/19/2025 F 223 D $ 163.9 15,217.428 D
Common Stock 02/21/2025 M 4,304 ( 1 ) A $ 0 19,521.428 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Non-qualified Stock Option (Right to Buy) $ 107.95 ( 2 ) 02/21/2027 Common Stock 689 689 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Villasenor Vero
19 E. CHOCOLATE AVENUE
HERSHEY, PA17033
President, Salty Snacks
Signatures
/s/ Shayon T. Smith, Agent for Vero Villasenor 02/21/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )790 common stock shares consist of an award on February 21, 2024 of 422 restricted stock units the reporting person was granted, an award of 337 restricted stock units on February 21, 2023, and an award of 428 restricted stock units, all of which one third vests on the first anniversary of the grant acceptance date, one third vests on the second grant anniversary date and one third vests on the third grant anniversary date.3,936 common stock shares consist of an award on January 11, 2023 of 6,620 restricted stock units the reporting person was granted, an award of 743 restricted stock units on February 22, 2022 and an award of 1,014 on February 23,2021 restricted stock units, all of which 25% vest on the first anniversary of the grant acceptance date; 25% vest on the second grant anniversary date; 25% vest on the third grant anniversary and 25% vest on the fourth grant anniversary date.
( 2 )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.

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