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4//SEC Filing

HARADA CURTIS Y 4

Accession 0000354707-09-000011

CIK 0000354707other

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 4:01 PM ET

Size

11.1 KB

Accession

0000354707-09-000011

Insider Transaction Report

Form 4
Period: 2009-03-02
HARADA CURTIS Y
VP Controller & Chief Accting
Transactions
  • Award

    Dividend Equivalents

    2009-03-02+227.273227.273 total
    From: 2009-04-07Exp: 2015-04-07Common Stock (227.273 underlying)
  • Exercise/Conversion

    Common Stock

    2009-03-02+1267,197 total
  • Exercise/Conversion

    Dividend Equivalents

    2009-03-021260 total
    From: 2009-03-02Exp: 2009-03-15Common Stock (126 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    7,602.686
Footnotes (4)
  • [F1]Settlement of dividend equivalents (DEs) in compliance with Section 409A of the Internal Revenue Code, as amended. The DEs related to stock appreciation rights granted in 2004 and 2005 were accrued when and as dividends were paid on HEI Common Stock. Each dividend equivalent is the economic equivalent of one share of HEI Common Stock. $6.90 was also paid to the holder to settle a fractional divident equivalent share 0.5062, as provided in the grant agreement.
  • [F2]Previously reported shares.
  • [F3]Shares held pursuant to the Hawaiian Electric Industries Retirement Savings Plan 401(k) (HEIRS) as of February 20, 2009. Effective 4/1/96 the participant's investment in HEI Common Stock was converted to units in the HEI Common Stock Fund portion of HEIRS. A small portion of the fund is held in cash; the overall value is based on the combined value of the HEI Common Stock and the cash portfolio. For SEC reporting purposes only the actual stock portion of the fund is being reported.
  • [F4]The dividend equivalents accrued on 50,000 stock appreciation rights granted in 2005. Each dividend equivalent is the economic equivalent of one share of HEI Common Stock.

Issuer

HAWAIIAN ELECTRIC INDUSTRIES INC

CIK 0000354707

Entity typeother

Related Parties

1
  • filerCIK 0001195572

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:01 PM ET
Size
11.1 KB