Leonard P. Isotoff - 25 Jan 2023 Form 4 Insider Report for Matson, Inc. (MATX)

Role
Senior Vice President
Signature
/s/ Leonard P. Isotoff
Issuer symbol
MATX
Transactions as of
25 Jan 2023
Net transactions value
-$34,995
Form type
4
Filing time
27 Jan 2023, 15:08:08 UTC
Previous filing
23 Jan 2023
Next filing
30 Jan 2023
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 +2,781 +74% $0.000000 6,546 25 Jan 2023 Direct F1
transaction MATX Common Stock Award $0 +1,480 +23% $0.000000 8,026 25 Jan 2023 Direct F2
transaction MATX Common Stock Tax liability $34,995 -556 -6.9% $62.94 7,470 25 Jan 2023 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.