WACKER RICHARD F 4
4 · HAWAIIAN ELECTRIC INDUSTRIES INC · Filed Feb 2, 2018
Insider Transaction Report
Form 4
WACKER RICHARD F
Pres & CEO, Amer Savings Bank
Transactions
- Award
Common Stock
2018-01-31+3,986→ 15,024 total
Holdings
- 93,253(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Grant of 3,986 restricted stock units on January 31, 2018. 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]This number includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 5, 2014 (first RSU grants in 2014) 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.