SEC Form 4 · accession 0001225208-16-025078
Matson, Inc. · MATX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter T Heilmann
Officer — SVP & Chief Legal Officer
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 5:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000003453
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 27, 2016 | A | 11,956 | $0.00 | A | 30,736 | D | |
| Common Stock | Jan 27, 2016 | A | 4,464 | $0.00 | A | 35,200 | D | |
| Common Stock | Jan 27, 2016 | F | 1,714 | $37.64 | D | 33,486 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units issued under the Issuer's 2007 Incentive Compensation Plan that vest in three equal annual installments beginning a year from the transaction date. The restricted stock units also contain dividend equivalent rights.
- F2Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d).
- F3Represents common stock withheld by the issuer to cover tax withholding obligations arising from the vesting of Performance Shares.