4//SEC Filing
BRACE RAYMOND 4
Accession 0000047111-04-000186
CIK 0000047111other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 10:06 AM ET
Size
6.7 KB
Accession
0000047111-04-000186
Insider Transaction Report
Form 4
BRACE RAYMOND
SVP, Operations
Transactions
- Award
Restricted Stock Units
2004-06-18+2,000→ 2,000 total→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Hershey Foods Corporation common stock ("Common Stock") or its cash equivalent.
- [F2]Restricted stock units vest according to the following schedule: 25% vest on the first anniversary of the grant date, an additional 25% vest on the second anniversary of the grant date, an additional 25% vest on the third anniversary of the grant date, and the options become fully vested on the fourth anniversary of the grant date. Once vested, restricted stock units 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 day preceding 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.
Documents
Issuer
HERSHEY FOODS CORP
CIK 0000047111
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001050086
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 10:06 AM ET
- Size
- 6.7 KB