4//SEC Filing
Alexander & Baldwin, Inc. 4
Accession 0001225208-14-002773
$ALEXCIK 0001545654operating
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 8:03 PM ET
Size
9.9 KB
Accession
0001225208-14-002773
Insider Transaction Report
Form 4
Morvis George M JR
Vice President Corporate Devel
Transactions
- Award
Common Stock
2014-01-27+2,494→ 7,902 total - Tax Payment
Common Stock
2014-01-28$40.20/sh−380$15,276→ 7,522 total - Award
Performance Rights
2014-01-27+2,494→ 2,494 totalExp: 2015-12-31→ Common Stock (2,494 underlying)
Footnotes (3)
- [F1]Restricted stock units issued under the Issuer's 2012 Incentive Compensation Plan that vest in three equal annual installments beginning a year from the transaction date.
- [F2]Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
- [F3]Represents shares of the Issuer's common stock underlying performance share units that are subject to both performance-vesting and service-vesting requirements. The performance vesting requirement is tied to the Issuer's total shareholder return relative to that of the companies comprising the S&P MidCap 400 Index over a two-year performance period coincident with the 2014 and 2015 calendar years. The level at which that performance goal is attained will determine the number of shares of the Issuer's common stock that will become issuable under the performance share units and will range from 35% of the number of reported shares at threshold level attainment to 100% of the reported shares at target level attainment to 150% of the reported shares at maximum level attainment. The Reporting Person will vest in all of the shares of the Issuer's common stock that become so issuable, provided the Reporting Person continues in the Issuer's employ through (footnote continued in Remarks below)
Documents
Issuer
Alexander & Baldwin, Inc.
CIK 0001545654
Entity typeoperating
IncorporatedHI
Related Parties
1- filerCIK 0001545654
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 8:03 PM ET
- Size
- 9.9 KB