0001225208-15-013820.txt : 20150612 0001225208-15-013820.hdr.sgml : 20150612 20150612160629 ACCESSION NUMBER: 0001225208-15-013820 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150610 FILED AS OF DATE: 20150612 DATE AS OF CHANGE: 20150612 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Matson, Inc. CENTRAL INDEX KEY: 0000003453 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 990032630 STATE OF INCORPORATION: HI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1411 SAND ISLAND PARKWAY CITY: HONOLULU STATE: HI ZIP: 96819 BUSINESS PHONE: 808-848-1211 MAIL ADDRESS: STREET 1: 1411 SAND ISLAND PARKWAY CITY: HONOLULU STATE: HI ZIP: 96819 FORMER COMPANY: FORMER CONFORMED NAME: ALEXANDER & BALDWIN INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COX MATTHEW J CENTRAL INDEX KEY: 0001206911 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34187 FILM NUMBER: 15928538 MAIL ADDRESS: STREET 1: 1411 SAND ISLAND PARKWAY CITY: HONOLULU STATE: HI ZIP: 96819 4 1 doc4.xml X0306 4 2015-06-10 0000003453 Matson, Inc. MATX 0001206911 COX MATTHEW J 1411 SAND ISLAND PARKWAY HONOLULU HI 96819 1 President & CEO Common Stock 2015-06-10 4 M 0 18992.0000 11.9700 A 159583.0000 D Common Stock 2015-06-10 4 F 0 12391.0000 41.3000 D 147192.0000 D Common Stock 2015-06-11 4 S 0 6601.0000 41.1824 D 140591.0000 D Stock option 11.9700 2015-06-10 4 M 0 18992.0000 0.0000 D 2010-01-28 2019-01-27 Common Stock 18992.0000 20073.0000 D The exercise of stock options and corresponding sale of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 8, 2015. The reported number of shares of the Issuer's common stock and the exercise price payable per share were appropriately adjusted, in accordance with the anti-dilution provisions applicable to the option grant, to reflect the distribution by Issuer of the outstanding shares of Alexander & Baldwin, Inc. (a newly-formed subsidiary formerly known as A&B II, Inc.) to the Issuer's stockholders in a pro-rata spin-off transaction at the close of business on June 29, 2012. Those adjustments preserved the intrinsic value that exists with respect to the option grant immediately prior to such distribution. Reflects the number of shares surrendered in connection with the net exercise of the option and the number of shares withheld by the issuer to cover tax obligations relating to the net exercise of the option. This transaction was executed in multiple trades at prices ranging from $41.00 to $41.32. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. /s/ Matthew J. Cox 2015-06-12