SEC Form 4 · accession 0000354707-18-000018
HAWAIIAN ELECTRIC INDUSTRIES INC · HE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F Wacker
Officer — Pres & CEO, Amer Savings Bank
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 1:13 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 | 2,077 | $32.58 | D | 12,499 | D | |
| Common StockF2 | Feb 9, 2018 | G | 2,548 | $0.00 | D | 9,951 | D | |
| Common Stock | Feb 9, 2018 | G | 2,548 | $0.00 | A | 95,801 | I | By Richard Frederick Wacker Living Trust |
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.