SEC Form 4 · accession 0000354707-19-000038
HAWAIIAN ELECTRIC INDUSTRIES INC · HE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul K Ito
Officer — VP-Taxes,Controller,CAO
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 7:03 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 | 2,249 | $0.00 | A | 4,108 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock untis on February 14, 2019. Each restricted stock unit represents 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 an accrued dividend (as denominated in shares of HE common stock) from January 31, 2018 (first RSU grants in 2018) to date. Dividend equivalents accrue with respect to outstanding RSUs when and as dividends are paid in HE stock. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.