HAWAIIAN ELECTRIC INDUSTRIES INC 4
4 · HAWAIIAN ELECTRIC INDUSTRIES INC · Filed Feb 9, 2016
Insider Transaction Report
Form 4
Richardson Chester A
SVP GC & Chief Admin Officer
Transactions
- Award
Common Stock
2016-02-05+7,318→ 29,492.33 total - Award
Common Stock
2016-02-05+5,987→ 35,479.33 total
Holdings
- 480.94(indirect: By 401(k))
Common Stock
- 51,032.616(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Grant of 7,318 restricted stock units on February 5, 2016. 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.
- [F2]Includes accrued dividend equivalents (as denominated in shares of HE common stock). Dividend equivalents accrue with respect to outstanding RSUs when and as dividends are paid on HE common stock. Beginning with RSUs granted in 2012, accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock. This number includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 3, 2012 (first RSU grants in 2012) to date.
- [F3]Shares awarded under the Company's Long-Term Incentive Plan for 2013-2015 performance period.
- [F4]Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan.
- [F5]Represents 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, 2016.