FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * SNYDER BURTON H   2. Issuer Name and Ticker or Trading Symbol HERSHEY CO [HSY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP, Gen. Counsel & Sec. (Last) (First) (Middle) 100 CRYSTAL A DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 05/30/2007 (Street) HERSHEY, PA 17033 4. If Amendment, Date 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 (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/30/2007   M   10,010 A $ 32.25 32,260 D   Common Stock 05/30/2007   S   10,010 D $ 52.53 22,250 D   Common Stock 05/30/2007   M   100 A $ 32.25 22,350 D   Common Stock 05/30/2007   S   100 D $ 52.52 22,250 D   Common Stock 05/30/2007   M   4,690 A $ 32.25 26,940 D   Common Stock 05/30/2007   S   4,690 D $ 52.5 22,250 D   Common Stock 05/30/2007   M   1,000 A $ 32.25 23,250 D   Common Stock 05/30/2007   S   1,000 D $ 52.51 22,250 D   Common Stock               2,724.876 I 401(k) Plan

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualified Stock Option (right to buy)

$ 32.25

05/30/2007

M

10,010

(1)

02/02/2013

Common Stock

10,010

$ 0

5,790

D

Non-Qualified Stock Option (right to buy)

$ 32.25

05/30/2007

M

100

(1)

02/02/2013

Common Stock

100

$ 0

5,690

D

Non-Qualified Stock Option (right to buy)

$ 32.25

05/30/2007

M

4,690

(1)

02/02/2013

Common Stock

4,690

$ 0

1,000

D

Non-Qualified Stock Option (right to buy)

$ 32.25

05/30/2007

M

1,000

(1)

02/02/2013

Common Stock

1,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SNYDER BURTON H 100 CRYSTAL A DRIVE HERSHEY, PA 17033			SVP, Gen. Counsel & Sec.

Signatures

Burton H Snyder		05/31/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	The options vested according to the following schedule: 25% vested on February 3, 2004; 25% vested on February 3, 2005; 25% vested on February 3, 2006; and the final 25% vested on February 3, 2007.
Remarks: The total amount of securities reported as indirectly owned by the reporting person in Column 5 of Table I (401(k) Plan) includes 22.7680 shares acquired from July 1, 2006 through December 31, 2006, and 10.3290 shares acquired from January 1, 2007 through April 30, 2007 pursuant to the Company's 401(k) Plan (formerly known as the Employee Savings Stock Investment and Ownership Plan).  These shares were acquired at various intervals. The closing price on December 29, 2006, the last trading day of the fiscal year, was $49.80; and on April 30, 2007 was $54.96.  The exact price of each share at the date of acquisition is not readily determinable.

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