MAY T MICHAEL 4
4 · HAWAIIAN ELECTRIC INDUSTRIES INC · Filed Aug 28, 2006
Insider Transaction Report
Form 4
MAY T MICHAEL
President-Hawn Electric Co.
Transactions
- Other
Common Stock
2006-08-24+4,704→ 69,909 total - Sale
Common Stock
2006-08-24$27.03/sh−1,300$35,139→ 63,605 total - Sale
Common Stock
2006-08-24$27.06/sh−604$16,344→ 67,505 total - Sale
Common Stock
2006-08-24$27.00/sh−17,500$472,500→ 45,205 total - Sale
Common Stock
2006-08-24$27.01/sh−900$24,309→ 62,705 total - Sale
Common Stock
2006-08-24$27.09/sh−1,800$48,762→ 68,109 total - Exercise/Conversion
Common Stock
2006-08-24$17.96/sh+20,000$359,200→ 65,205 total - Sale
Common Stock
2006-08-24$27.05/sh−2,600$70,330→ 64,905 total
Holdings
- 172.288(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Shares acquired as dividend equivalents pursuant to the terms of the Stock Option and Incentive Plan for the period 5/10/01 to 2/16/05 with a range in price of $35.99 - $28.05 (price prior to 2-for-1 stock split on 6/10/04).
- [F2]Shares held pursuant to the Hawaiian Electric Industries Retirement Savings Plan 401(k) (HEIRS). 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.