Ann Teranishi - 11 Feb 2022 Form 4 Insider Report for HAWAIIAN ELECTRIC INDUSTRIES INC (HE)

Signature
Sean K. Clark, Atty-in-Fact for Ann Teranishi
Issuer symbol
HE
Transactions as of
11 Feb 2022
Net transactions value
$0
Form type
4
Filing time
15 Feb 2022, 19:59:12 UTC
Previous filing
20 May 2021
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HE Common Stock Award $0 +4,396 +31% $0.000000 18,518 11 Feb 2022 Direct F1, F2, F3
transaction HE Common Stock Award $0 +450 +2.4% $0.000000 18,968 11 Feb 2022 Direct F2, F3, F4
holding HE Common Stock 42 11 Feb 2022 Eric H. Kunisaki & Ann C. Teranishi Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of 4,396 restricted stock units on February 11, 2022. Each restricted stock unit represents a contingent right to receive one share of HEI common stock. The restricted stock units will vest in annual installments over three years.
F2 Includes accrued dividend equivalents (as denominated in shares of HE common stock) from January 31, 2018 (first RSU grants in 2018) to date. Dividend equivalents accrue in HE common stock with respect to outstanding RSUs when and as dividends are paid. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.
F3 Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan.
F4 Shares awarded under the Company's Long-Term Incentive for 2019-2021 performance period.