X0202 4 2008-04-15 0 0001230058 KAANAPALI LAND LLC N/A 0001435366 Lovelette Stephen A 900 NORTH MICHIGAN AVENUE CHICAGO IL 60611 0 1 0 0 Executive Vice President Class C Common Shares 2008-04-15 4 A 0 52000 0 A 52000 D Common Shares 2008-04-15 4 A 0 0 0 A 13230.07 D The Class C Shares became 50% vested at the time of grant, an additional 25% will vest on December 31, 2008 if Mr. Lovelette remains employed by the Company through that date and the remaining 25% will vest on December 31, 2009 if Lovelette remains employed by the Company through that date. Stephen A. Lovelette 2008-05-19