SEC Form 4 · accession 0001225208-16-025112
Matson, Inc. · MATX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale B Hendler
Officer — Vice President & Controller
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 6:27 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 | 6,244 | $0.00 | A | 27,865 | D | |
| Common Stock | Jan 27, 2016 | A | 3,572 | $0.00 | A | 31,437 | D | |
| Common Stock | Jan 27, 2016 | F | 1,410 | $37.64 | D | 30,027 | 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.