SEC Form 4 · accession 0001225208-16-032167
Matson, Inc. · MATX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey N Watanabe
Director
Period of report
Dec 28, 2015
Accepted (ET)
May 2, 2016 · 3:33 pm EDT
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 | Dec 28, 2015 | S | 1 | $43.24 | D | 20,670 | D | |
| Common Stock | Dec 28, 2015 | S | 1 | $43.24 | D | 20,669 | D | |
| Common StockF2,F3 | Apr 28, 2016 | A | 2,578 | $0.00 | A | 23,298 | D | |
| Common Stock | holding | — | — | — | 6 | I | By Custodian For Child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 28, 2015, a total of 1.728794 shares were automatically sold by the Issuer's Transfer Agent when the Reporting Person moved his shares from his account at the Transfer Agent to a brokerage account, in two separate transactions of 0.861359 shares and 0.867435 shares. Such fractional shares had been acquired by the Reporting Person under the Issuer's Dividend Reinvestment Program pursuant to Rule 16a-11.
- F2Restricted stock units issued under the Issuer's 2007 Incentive Compensation Plan that have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting of the Issuer following the date of the grant of such restricted stock units.
- F3The reported number of shares includes shares acquired under a Dividend Reinvestment Program pursuant to Rule 16a-11.