Alexander & Baldwin, Inc. — Director's Dealing 2012

Oct 11, 2012

SEC Form 4/A — Form 4/A

Issuer: Alexander & Baldwin, Inc. (ALEX)
CIK: 0001545654
Period of Report: 2012-06-29

Reporting Person: KING CHARLES G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-29	Common Stock	A	25150.0000	—	Acquired	39655.0000	Indirect

Footnotes

F1: The acquisition involved five separate restricted stock unit awards that were made to the Reporting Person under the Issuer's 2012 Incentive Compensation Plan in connection with the distribution of the Issuer's outstanding common stock by Alexander & Baldwin Holdings, Inc. (now known as Matson, Inc.) to the stockholders of Alexander & Baldwin Holdings, Inc. in a pro-rata spin-off transaction. The reported awards were issued in replacement of five separate restricted stock unit awards covering an aggregate 12,252 shares of the common stock of Alexander & Baldwin Holdings, Inc. Each such replacement award was structured so as to preserve, at the time of replacement, the intrinsic value of the cancelled award to which it relates and retains the same vesting schedule that was in effect for that cancelled award.

F2: On July 3, 2012, the number of restricted stock unit awards acquired was incorrectly reported due to an administrative error in the replacement award calculation. The correct number of restricted stock unit awards acquired is 25,150.

As indicated in footnote 1, the acquisition involved five separate restricted stock unit awards that were made to the Reporting Person under the Issuer's 2012 Incentive Compensation Plan in connection with the distribution of the Issuer's outstanding common stock in a pro-rata spin-off transaction. The reported awards were issued in replacement of five separate restricted stock unit awards covering an aggregate 12,252 shares of the common stock of Alexander & Baldwin Holdings, Inc.