Gregory C. Hazelton - Oct 7, 2021 Form 4 Insider Report for HAWAIIAN ELECTRIC INDUSTRIES INC (HE)

Role
EVP & CFO
Signature
Sean K. Clark, Attorney-in-fact for Gregory C. Hazelton
Stock symbol
HE
Transactions as of
Oct 7, 2021
Transactions value $
$0
Form type
4
Date filed
10/12/2021, 07:05 PM
Previous filing
May 17, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HE Common Stock Award $0 +3.66K +10.39% $0.00 38.8K Oct 7, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of 3,658 restricted stock units on October 7, 2021. Each restricted stock unit represents a contingent right to receive one share of HEI common stock. The restricted stock units will vest in equal installments in each of 2022, 2023 and 2024.
F2 This number includes an accrued dividend (as denominated in shares of HE common stock) from January 31, 2017 (first RSU grants in 2017) to date. Dividend equivalents accrue with respect to outstanding RSUs when and as dividends are paid in HE stock. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.