X0202 4 2006-06-06 0 0000047111 HERSHEY CO HSY 0001306296 Baldwin Christopher J 100 CRYSTAL A DRIVE HERSHEY PA 17033 0 1 0 0 SVP, Pres. US Commercial Group Common Stock 2006-06-06 4 M 0 1250 0 A 7986 D Common Stock 2006-06-06 4 F 0 5 55.91 D 7981 D Common Stock 257.053 I 401(k) Plan Restricted Stock Units 2006-06-06 4 M 0 1250 0 D Common Stock 1250 12291 D 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. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of The Hershey Company or its cash equivalent. 1,250 RSUs from the June 6, 2005 grant vested on June 6, 2006. The remaining unvested RSUs from that grant will vest according to the following schedule: 1,250 on June 6, 2007; 1,250 on June 6, 2008 and 1,250 on June 6, 2009. 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 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. 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 shares underlying the RSU grant (except for such shares as are necessary to satisfy current tax obligations) until January 2008. The total amount of securities reported as indirectly owned by the reporting person in Column 5 of Table I (401(k) Plan) includes 95.7420 shares acquired from February 1, 2006 through May 31, 2006, pursuant to the the Company's Employee Savings Stock Investment and Ownership Plan (ESSIOP). These shares were acquired at various intervals. The closing price on May 31, 2006, was $56.91. The exact price of each share at the date of acquisition is not readily determinable. Christopher J Baldwin 2006-06-06