SEC Form 4 · accession 0000354707-18-000016
HAWAIIAN ELECTRIC INDUSTRIES INC · HE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Constance H Lau
Officer — President & CEO · Director
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 12:38 pm EST
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 | Feb 9, 2018 | F | 10,514 | $32.58 | D | 70,775 | D | |
| Common StockF2 | Feb 9, 2018 | G | 12,903 | $0.00 | D | 57,872 | D | |
| Common StockF4 | Feb 9, 2018 | G | 12,903 | $0.00 | A | 519,835 | I | By Constance Lau Trust |
| Common StockF5 | holding | — | — | — | 113 | I | By 401k |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Closing stock price on February 9, 2018.
- F2This number includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 6, 2015 (first RSU grants in 2015) to date. Dividend equivalents accrue with respect to outstanding RSUs when and as dividends are paid on HE stock. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.
- F3Transfer of shares to trust account.
- F4Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan and shares previously acquired by the reinvestment of dividends.
- F5Represents 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 February 5, 2018.