Constance H. Lau - Dec 14, 2021 Form 4 Insider Report for HAWAIIAN ELECTRIC INDUSTRIES INC (HE)

Role
President & CEO, Director
Signature
Sean K. Clark, Attorney-in-fact for Constance H. Lau
Stock symbol
HE
Transactions as of
Dec 14, 2021
Transactions value $
-$1,472,770
Form type
4
Date filed
12/16/2021, 05:42 PM
Next filing
Apr 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HE Common Stock Sale -$166K -4K -7.04% $41.53 52.8K Dec 14, 2021 Direct F1, F2
transaction HE Common Stock Sale -$1.31M -31K -58.68% $42.15 21.8K Dec 15, 2021 Direct F2, F3
holding HE Common Stock 494K Dec 14, 2021 By Constance Lau Trust F4
holding HE Common Stock 125 Dec 14, 2021 By 401K F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Average execution price on December 14, 2021.
F2 This number 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 with respect to outstanding RSUs when and as dividends are paid on HE stock. Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.
F3 Average execution price on December 15, 2021.
F4 Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan and shares previously acquired by the reinvestment of dividends.
F5 Represents shares held in the form of stock units in the HEI Common Stock fund pursuant to the Hawaiian Electric Industries Retirement Savings Plan as of December 14, 2021.