HAWAIIAN ELECTRIC INDUSTRIES INC 4
4 · HAWAIIAN ELECTRIC INDUSTRIES INC · Filed Feb 2, 2017
Insider Transaction Report
Form 4
Ajello James A
Sr Fin VP, Treasurer & CFO
Transactions
- Award
Common Stock
2017-01-31+16,619→ 120,145 total - Award
Common Stock
2017-01-31+8,829→ 103,526 total
Footnotes (3)
- [F1]Grant of 8,829 restricted stock units on January 31, 2017. 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 stock. 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 4, 2013 (first RSU grants in 2013) to date.
- [F3]Shares awarded under the Company's Long-Term Incentive Plan for 2014-2016 performance period.