UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Kwiat Kenneth
Corporate Headquarters
100 Crystal A Drive
Hershey, PA 17033
2. Issuer Name and Ticker or Trading Symbol
Hershey Foods Corporation (HSY)
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
April 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Vice President, Manufacturing
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
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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 V Amount D Price End of Month I
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Common Stock 210.0000 I by Trust (1)
Common Stock 04/07/98 M 2,700.0000 A $22.3750 D
Common Stock 04/07/98 S 2,700.0000 D $75.1875 D
Common Stock 04/07/98 M 4,000.0000 A $22.3750 D
Common Stock 04/07/98 S 4,000.0000 D $75.1250 4,458.0000 D
Common Stock 5,568.1736 I 401(k) Plan
Table II (PART 1) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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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 V A D Exercisable Expiration
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Non-Qualified Stock Option $22.3750 04/07/98 M 2,700.0000 01/05/02
(right to buy)
Non-Qualified Stock Option $22.3750 04/07/98 M 4,000.0000 01/05/02
(right to buy)
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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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 Month
- ------------------------------------------------------------------------------------------------------------------------------------
Non-Qualified Stock Option 04/07/98 Common Stock 2,700.0000 D
(right to buy)
Non-Qualified Stock Option 04/07/98 Common Stock 4,000.0000 0.0000 D
(right to buy)
Explanation of Responses:
(1)
These shares are held in a trust for the benefit of the reporting person's adult child. The reporting person's wife is trustee for
said trust. The filing of this form does not constitute an admission that the reporting person is, for purposes of Section 16 of
the Securities Exchange Act of 1934, or otherwise, the beneficial owner of any equity securities covered by the statement.
-
Beneficial holdings reflected on this report do not include changes in the reporting person's holdings of securities resulting from
participation in the issuer's qualified employee stock plan since the last filing of a report disclosing transactions related to
such participation.
SIGNATURE OF REPORTING PERSON
/S/ Kwiat Kenneth
DATE 05/08/98
