4//SEC Filing
O'Rourke Kevin C 4
Accession 0001225208-13-012014
CIK 0000003453other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 7:04 PM ET
Size
6.0 KB
Accession
0001225208-13-012014
Insider Transaction Report
Form 4
Matson, Inc.MATX
O'Rourke Kevin C
SVP & Chief Legal Officer
Transactions
- Conversion
Common Stock Equivalent Units
2013-05-09$26.17/sh−6,746.023$176,543→ 0 totalExercise: $0.00→ Common Stock (6,746.023 underlying)
Footnotes (1)
- [F1]Prior to conversion the reported number of the Issuer's common stock equivalent units under the Issuer's Deferred Compensation Plan (the "DCP") were appropriately increased, in accordance with the anti-dilution provisions applicable to the common stock equivalent units, to reflect the distribution by Issuer of the outstanding shares of Alexander & Baldwin, Inc. (a newly-formed subsidiary formerly known as A&B II, Inc.) to the Issuer's stockholders in a pro-rata spin-off transaction at the close of business on June 29, 2012. This increase to the number of common stock equivalent units preserved the intrinsic value that existed immediately prior to such distribution of Alexander & Baldwin, Inc. shares. Each common stock equivalent unit was, immediately prior to conversion, the economic equivalent of one share of Matson stock. The common stock equivalent units were converted to cash units on the Transaction Date pursuant to the reporting person's election under the terms of the DCP.
Documents
Issuer
Matson, Inc.
CIK 0000003453
Entity typeother
Related Parties
1- filerCIK 0001552601
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 7:04 PM ET
- Size
- 6.0 KB