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Alexander & Baldwin, Inc. Director's Dealing 2018

Jan 26, 2018

32026_dirs_2018-01-25_b63fc55f-e8a3-4f57-9fd7-70070240520b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alexander & Baldwin, Inc. (ALEX)
CIK: 0001545654
Period of Report: 2018-01-23

Reporting Person: CHING MEREDITH J (Sr. Vice Pres. Gov't Rel.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-08 Common Stock G 241.0000 $0.0000 Disposed 62553.0000 Direct
2018-01-23 Common Stock A 23279.0000 $0.0000 Acquired 90076.0000 Direct
2018-01-24 Common Stock F 970.0000 $29.1500 Disposed 89106.0000 Direct
2018-01-23 Common Stock A 63.0000 $0.0000 Acquired 213.0000 Indirect
2018-01-23 Common Stock A 226.7225 $0.0000 Acquired 621.6215 Indirect

Footnotes

F1: Gifted shares represent a charitable contribution.

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 ("Common Stock") to shareholders of record as of the close of business on 11/29/17. The Special Distribution was paid on 1/23/18. In the Special Distribution, the reporting person received the shares of Common Stock reported as acquired in this Form 4. In connection with the Special Distribution and pursuant to the terms of the reporting person's previously granted Company equity awards, such awards were adjusted to preserve their value (the "Equitable Adjustment").

F3: Reflects the Equitable Adjustment with respect to the restricted stock units included herein.

F4: Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.

F5: 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 ("Common Stock") to shareholders of record as of the close of business on 11/29/17. The Special Distribution was paid on 1/23/18. In the Special Distribution, the reporting person received the shares of Common Stock reported as acquired in this Form 4.