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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (5) | $ 0 (6) | 05/01/2009 | M | 2,508 | (7) | (8) | Common Stock | 2,508 | $ 0 | 3,834 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Buck Michele 100 CRYSTAL A DRIVE HERSHEY, PA 17033 |
SVP Global Chief Mktg. Officer |
Michele G. Buck | 05/04/2009 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | The total amount of securities reported as indirectly owned by the reporting person includes .847 shares acquired from January 1 through April 30, 2009, pursuant to the Company?s 401(k) Plan (?Plan?). The information is based on a report dated April 30, 2009, provided by the Plan Trustee. |
(2) | Restricted Stock Units ("RSUs") converted to phantom stock units and deferred under the Company's Deferred Compensation Plan. The units are payable only in shares of Common Stock at the end of the deferral period. |
(3) | Each deferred phantom stock unit is equivalent to one share of Common Stock of The Hershey Company. |
(4) | The total amount of securities reported as directly owned by the reporting person has been adjusted to include the acquisition of 26.0483 shares on June 13, 2008, 24.9936 shares on September 15, 2008 and 27.6042 shares on December 15, 2008 pursuant to the Company?s Dividend Reinvestment Plan, as previously reported in a footnote on a Form 4 filed on January 9, 2009. The earlier report failed to include those shares in the total amount of securities reported to be directly owned on Table I. The total amount of securities reported as directly owned by the reporting person also includes the acquisition of 30.0708 shares on March 13, 2009 pursuant to the Company?s Dividend Reinvestment Plan. |
(5) | RSUs awarded on May 1, 2007 of which 2,508 RSUs vested on May 1, 2009. The remaining 2,584 RSUs from that award will vest on May 1, 2010. Once vested, RSUs may be: (1) settled in cash having a value equivalent to the closing price of Common Stock on the New York Stock Exchange on the vesting date, in an equal number of shares of Common Stock, or in a combination of cash and Common Stock; or (2) deferred under the Company's Deferred Compensation Plan. RSUs deferred as phantom shares of Common Stock are payable only in shares of Common Stock at the end of the deferral period. The reporting person has elected to defer payment of the RSU award in phantom shares of Common Stock. |
(6) | Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of The Hershey Company or its cash equivalent. |
(7) | See Footnote (5) above. |
(8) | See Footnote (5) above. |