MAY T MICHAEL 4
4 · HAWAIIAN ELECTRIC INDUSTRIES INC · Filed Mar 6, 2007
Insider Transaction Report
Form 4
MAY T MICHAEL
President-Hawn Electric Co.
Transactions
- Other
Common Stock
2007-03-02$26.15/sh+8,071$211,057→ 53,276 total
Holdings
- 113,437.13
Stock Option Incentive Plan
→ Common Stock - 179(indirect: By 401(k))
Common Stock
- 103,062.19
Stock Appreciation Rights (SARs)
→ Common Stock
Footnotes (5)
- [F1]Dividend Equivalent Rights (DERs) awarded in compliance with Section 409(A) of the Internal Revenue Code, as amended.
- [F2]Shares held pursuant to the Hawaiian Electric Industries Retirement Savings Plan 401(k) (HEIRS). Effective 4/1/96 the participant's investment in HEI Common Stock was converted to units in the HEI Common Stock Fund portion of HEIRS. A small portion of the fund is held in cash; the overall value is based on the combined value of the HEI Common Stock and the cash portfolio. For SEC reporting purposes only the actual stock portion of the fund is being reported.
- [F3]Previously reported.
- [F4]Aggregate SOIP shares and Dividend Equivalent Rights (DERs); previously reported.
- [F5]Aggregate SARs shares and DERs; previously reported.