SEC Form 4 · accession 0001225208-18-008105
Alexander & Baldwin, Inc. · ALEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Lewis
Director
Period of report
Apr 24, 2018
Accepted (ET)
Apr 26, 2018 · 5:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001545654
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Apr 24, 2018 | A | 4,000 | $0.00 | A | 6,905 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units issued under the Issuer's 2012 Incentive Compensation Plan that vest a year from the transaction date.
- F2On 11/16/17, the Board of Directors of Alexander & Baldwin, Inc. (the "Issuer") declared a special distribution on the Issuer's shares of common stock in an aggregate amount of $783.0 million (the "Special Distribution"), payable in a combination of cash and the Issuer's common stock to shareholders of record as of the close of business on 11/29/17. In connection with the Special Distribution and pursuant to the terms of the reporting person's previously granted Issuer equity awards, such awards were adjusted to preserve their value (the "Equitable Adjustment"). This amount reflects the Equitable Adjustment made with respect to the restricted stock units included herein.