UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. [ ] Form 3 Holdings Reported [X] Form 4 Transactions Reported 1. Name and Address of Reporting Person(s) Alexander, William H. 16 Wagner Street Hummelstown, PA 17036 2. Issuer Name and Ticker or Trading Symbol Hershey Foods Corporation (HSY) 3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary) 4. Statement for Month/Year 12/99 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of action action or Disposed of (D) Securities Indirect Date Code A Beneficially D Beneficial (Month/ or Owned at or Ownership Day/Year) Code Amount D Price End of Year I - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 11/17/99 P 4 100.0000 (1) A $48.87500 1,500.0000 D Direct Common Stock 36.0000 I by Spouse Common Stock 1,200.0000 I by Trust Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6) - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and Security or Exercise action action Securities Acquired (A) Expiration Date Price of Date Code or Disposed of (D) Derivative Security Code A D Exercisable Expiration - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Equivalents (2) 12/15/99 (3) J 566.7120 Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11) - ------------------------------------------------------------------------------------------------------------------------------------ 1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of Security action of Underlying of Deri- Derivative Indirect Date Securities vative Securities D Beneficial Amount or Security Beneficially or Ownership Number of Owned at I - Title Shares End of Year - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock Equivalents (2) 12/15/99 Common Stock 566.7120 (4) 2,134.9190 D Direct (3)Explanation of Responses: (1) The report on Form 4 was inadvertently not filed timely in connection with one purchase of 100 shares of the Corporation's common stock on 11/17/99. (2) These units were acquired as dividends reinvested on units previously deferred under the Director's Compensation Plan and new deferrals of 1999 director's fees under the Plan; 40.338 units were reinvested dividends and 526.374 were deferrals of 1999 director's fees. (3) Reinvested dividends were acquired on 3/15/99, 6/15/99, 9/15/99 and 12/15/99; 1999 deferred director's fees were credited on 4/30/99 and 12/15/99. (4) Units were acquired at various times throughout the year as noted in Footnote 2. These prices range from $48.2500 to $61.8125. SIGNATURE OF REPORTING PERSON /S/ Alexander, William H. DATE 02/09/00