SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Buck Michele (Last) (First) (Middle) THE HERSHEY COMPANY 100 CRYSTAL A DRIVE (Street) HERSHEY PA 17033 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 12/10/2007	3. Issuer Name and Ticker or Trading Symbol HERSHEY CO [ HSY ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP, Global Chief Mktg Officer	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,226.348	D
Common Stock	139.757	I	401(k) Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	(1)	04/18/2015	Common Stock	16,900	61	D
Non-Qualified Stock Option (right to buy)	(1)	02/15/2016	Common Stock	19,950	52.3	D
Non-Qualified Stock Option (right to buy)	(1)	04/22/2017	Common Stock	20,900	54.68	D
Restricted Stock Units	(2)	(2)	Common Stock	11,766	(3)	D

Explanation of Responses:

1. Options 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.

2. The total amount of Restricted Stock Units ("RSUs") were granted and will vest as follows: (1) 14,725 RSUs were granted on April 9, 2005 of which 4,567 units vested on 2/1/2006, 8,492 units vested on 2/1/2007, and the remaining 1,666 units vest on 2/1/2008; (2) 2,500 RSUs were granted on January 8, 2007 of which 625 units vest on 2/8/2008, 625 units vest on 1/8/2009, 625 units vest on 1/8/2010, and the remaining 625 units vest on 1/8/2011; and (3) 7,600 RSUs were granted on May 1, 2007 of which 2,508 units vest on 5/1/2008, 2,508 units vest on 5/1/2009, and the final 2,584 units vest on 5/1/2010.

3. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of The Hershey Company or its cash equivalent.

	Michele G. Buck	12/18/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
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