Alexander & Baldwin, Inc. — Director's Dealing 2018

Apr 26, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alexander & Baldwin, Inc. (ALEX)
CIK: 0001545654
Period of Report: 2018-04-24

Reporting Person: LEWIS THOMAS A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-24	Common Stock	A	4000.0000	$0.0000	Acquired	6905.0000	Direct

Footnotes

F1: Restricted stock units issued under the Issuer's 2012 Incentive Compensation Plan that vest a year from the transaction date.

F2: On 11/16/17, the Board of Directors of Alexander & Baldwin, Inc. (the "Issuer") declared a special distribution on the Issuer's shares of common stock in an aggregate amount of $783.0 million (the "Special Distribution"), payable in a combination of cash and the Issuer's common stock to shareholders of record as of the close of business on 11/29/17. In connection with the Special Distribution and pursuant to the terms of the reporting person's previously granted Issuer equity awards, such awards were adjusted to preserve their value (the "Equitable Adjustment"). This amount reflects the Equitable Adjustment made with respect to the restricted stock units included herein.