4//SEC Filing
Ito Paul K 4
Accession 0001225208-18-001514
CIK 0001545654other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 8:01 PM ET
Size
7.0 KB
Accession
0001225208-18-001514
Insider Transaction Report
Form 4
Ito Paul K
Sr. Vice Pres. and CFO
Transactions
- Award
Common Stock
2018-01-23+9,414→ 78,019 total - Tax Payment
Common Stock
2018-01-24$29.15/sh−1,294$37,720→ 76,725 total
Footnotes (3)
- [F1]On 11/16/17, the Board of Directors of Alexander & Baldwin, Inc. (the "Issuer") declared a special distribution on the Issuer's shares of common stock in an aggregate amount of $783.0 million (the "Special Distribution"), payable in a combination of cash and the Issuer's common stock ("Common Stock") to shareholders of record as of the close of business on 11/29/17. The Special Distribution was paid on 1/23/18. In the Special Distribution, the reporting person received the shares of Common Stock reported as acquired in this Form 4. In connection with the Special Distribution and pursuant to the terms of the reporting person's previously granted Company equity awards, such awards were adjusted to preserve their value (the "Equitable Adjustment").
- [F2]Reflects the Equitable Adjustment with respect to the restricted stock units included herein.
- [F3]Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
Documents
Issuer
Alexander & Baldwin, Inc.
CIK 0001545654
Entity typeother
Related Parties
1- filerCIK 0001360543
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 8:01 PM ET
- Size
- 7.0 KB