Peter T. Heilmann - Jan 25, 2023 Form 4 Insider Report for Matson, Inc. (MATX)

Role
EVP, Chief Admin. Officer & GC
Signature
/s/ Peter T. Heilmann
Stock symbol
MATX
Transactions as of
Jan 25, 2023
Transactions value $
-$694,291
Form type
4
Date filed
1/27/2023, 03:05 PM
Previous filing
Jan 23, 2023
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MATX Common Stock Award $0 +22.3K +55.69% $0.00 62.2K Jan 25, 2023 Direct F1
transaction MATX Common Stock Award $0 +5.56K +8.94% $0.00 67.8K Jan 25, 2023 Direct F2
transaction MATX Common Stock Tax liability -$694K -11K -16.28% $62.94 56.7K Jan 25, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 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.
F3 Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.