SEC Form 4 · accession 0000354707-19-000034
HAWAIIAN ELECTRIC INDUSTRIES INC · HE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan M. Oshima
Officer — Pres & CEO, Hawaiian Electric
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 4:41 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 14, 2019 | A | 12,202 | $0.00 | A | 32,745 | D | |
| Common StockF3 | holding | — | — | — | 55,637 | I | By Alan M Oshima & JoAnn R Oshima Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of 12,202 restricted stock units on February 14, 2019. Each restricted stock unit represents a contingent right to receive one share of HEI common stock. The restricted stock units will vest in annual installments over four years.
- F2This number includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 5, 2016 (first RSU grants in 2016) 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.
- F3Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan.
Remarks
Remarks: Exhibit List Exhibit 24 - Power of Attorney