SEC Form 4 · accession 0000354707-16-000166
HAWAIIAN ELECTRIC INDUSTRIES INC · HE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chester A Richardson
Officer — EVP GC & Chief Admin Officer
Period of report
Aug 25, 2016
Accepted (ET)
Aug 26, 2016 · 9:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000354707
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 25, 2016 | S | 15,921 | $30.1645 | D | 44,516 | I | By Richardson Family Trust |
| Common StockF3 | holding | — | — | — | 21,631 | D | ||
| Common StockF4 | holding | — | — | — | 490 | I | By 401k |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Weighted average sale price on August 25, 2016.
- F2Includes shares acquired under the Hawaiian Electric Industries, Inc Dividend Reinvestment and Stock Purchase Plan.
- F3Includes accrued dividend equivalents (as denominated in shares of HE common stock). Dividend equivalents accrue with respect to outstanding RSUs when and as dividends are paid on HE common stock. Beginning with RSUs granted in 2012, accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock. This number includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 3, 2012 (first RSU grants in 2012) to date.
- F4Represents shares held in the form of stock units in the HEI Common Stock fund pursuant to the Hawaiian Electric Industries Retirement Savings Plan as of August 25, 2016.