# EDGAR Filing Document

**Accession Number:** 0000354707
**File Stem:** 0000354707-23-000022
**Filing Date:** 2023-2
**Character Count:** 7296
**Document Hash:** 79526d6b5d7555269342cd7f95942df7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000354707-23-000022.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0000354707-23-000022

**CONFORMED SUBMISSION TYPE**: 4/A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230210

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** KIMURA SHELEE M.T.
- **CENTRAL INDEX KEY:** 0001695479

**FILING VALUES:**
- **FORM TYPE:** 4/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-08503
- **FILM NUMBER:** 23636678

**MAIL ADDRESS:**
- **STREET 1:** C/O P.O. BOX 730
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96808
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HAWAIIAN ELECTRIC INDUSTRIES INC
- **CENTRAL INDEX KEY:** 0000354707
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 990208097
- **STATE OF INCORPORATION:** HI
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1001 BISHOP STREET, SUITE 2900
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813
- **BUSINESS PHONE:** 8085435662

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 730
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96808-0730

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4/A

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>KIMURA SHELEE M.T.<br><sub>(Last) (First) (Middle)</sub><br>C/O P.O. BOX 730<br><sub>(Street)</sub><br>HONOLULU, HI 96808-0730<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-10 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Pres & CEO, Hawn Electric Co._ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>HAWAIIAN ELECTRIC INDUSTRIES INC [ HE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-10 |  | A |  | 8135<sup>(1)</sup> | A | $0 | 33210<sup>(2)(3)(5)</sup> | D |  |
| Common Stock | 2023-02-10 |  | A |  | 2773<sup>(4)</sup> | A | $0 | 35983<sup>(2)(3)(6)</sup> | D |  |
| Common Stock |  |  |  |  |  |  |  | 1295<sup>(3)(7)</sup> | I | Shelee M T Kimura TOD Stan M Kimura Subject to STA TOD Rules |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Grant of 8,135 restricted stock units on February 10, 2023. Each restricted stock unit represents a contingent right to receive one share of HEI common stock. The restricted stock units will vest in annual installments over three years.

(2) Includes accrued dividend equivalents (as denominated in shares of HE common stock) from February 14, 2019 (first RSU grants in 2019) to date.  Dividend equivalents accrue in HE common stock with respect to outstanding RSUs when and as dividends are paid.  Accrued dividend equivalents are denominated in HE common stock and paid upon vesting in shares of HE common stock.

(3) Includes shares acquired under the Hawaiian Electric Industries, Inc. Dividend Reinvestment and Stock Purchase Plan.

(4) Shares awarded under the Company's Long-Term Incentive for 2020-2022 performance period.

(5) Due to a clerical error, the original Form 4 filed on January 14, 2023, is being amended by this Form 4 amendment to correct the number of shares beneficially owned by the reporting person  following the transaction from 29,015 to 33,210.

(6) Due to a clerical error, the original Form 4 filed on January 14, 2023, is being amended by this Form 4 amendment to correct the number of shares beneficially owned by the reporting person  following the transaction from 31,778 to 35,983.

(7) Due to a clerical error, the original Form 4 filed on January 14, 2023, is being amended by this Form 4 amendment to correct the number of shares indirectly beneficially owned by the reporting person  following the transaction from 1,284 to 1,295.

**Signature:** Sean K. Clark, Atty-in-Fact for Shelee M.T. Kimura  
**Date:** 2023-02-15

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**