John W. Sullivan - 26 Jan 2022 Form 4 Insider Report for Matson, Inc. (MATX)

Role
Senior Vice President
Signature
/s/ John W. Sullivan
Issuer symbol
MATX
Transactions as of
26 Jan 2022
Net transactions value
-$47,071
Form type
4
Filing time
28 Jan 2022, 19:07:53 UTC
Previous filing
25 Jan 2022
Next filing
31 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATX Common Stock Award $0 +1,584 +21% $0.000000 9,121 26 Jan 2022 Direct F1
transaction MATX Common Stock Award $0 +1,440 +16% $0.000000 10,561 26 Jan 2022 Direct F2
transaction MATX Common Stock Tax liability $47,071 -497 -4.7% $94.71 10,064 26 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units issued under the Issuer's Amended and Restated 2016 Incentive Compensation Plan that vest in three equal annual installments beginning a year from the grant date. The restricted stock units also contain dividend equivalent rights.
F2 Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d).
F3 Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.