UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report:  May 11, 2010

 

 

			State of Hawaii
			(State or other jurisdiction of incorporation)
	900 Richards Street, Honolulu, Hawaii 96813
	(Address of principal executive offices and zip code)
	Registrant’s telephone number, including area code:
	(808) 543-5662 - Hawaiian Electric Industries, Inc. (HEI)
	(808) 543-7771 - Hawaiian Electric Company, Inc. (HECO)
		None
	(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.07.      Submission of matters to a vote of security holders

 

HEI:    The Annual Meeting of Shareholders (Annual Meeting) of Hawaiian Electric Industries, Inc. (HEI) was held on May 11, 2010.  Proxies for the meeting were solicited pursuant to Regulation 14A of the Securities Exchange Act of 1934.  As of March 3, 2010, the record date for the Annual Meeting, there were 92,658,123 shares of HEI Common Stock issued and outstanding and entitled to vote.  There was no solicitation in opposition to the Class II nominees to the Board of Directors with terms ending at the 2013 Annual Meeting of Shareholders as listed in the proxy statement for the meeting, and all such nominees were elected to the Board of Directors.  Shareholders also ratified the appointment of PricewaterhouseCoopers LLP as HEI’s independent registered public accounting firm for 2010 and approved the HEI 2010 Equity and Incentive Plan.

 

The record of the voting of shares at the Annual Meeting is as follows:

 

	Shares of Common Stock
		For		Withheld		Against		Abstain		Broker Nonvotes
Election of Class II Directors
Thomas B. Fargo		61,778,332		2,440,896		N/A		N/A		18,377,838
Kelvin H. Taketa		61,205,860		3,013,368		N/A		N/A		18,377,838
Jeffrey N. Watanabe		61,126,720		3,092,508		N/A		N/A		18,377,838
Ratification of appointment of PricewaterhouseCoopers LLP as HEI’s independent registered accounting firm for 2010		80,280,408		N/A		1,390,997		925,661		—
Approval of HEI 2010 Equity and Incentive Plan		54,026,227		N/A		7,097,759		3,095,242		18,377,838

N/A-Not Applicable

 

Class III Directors—Don E. Carroll, Richard W. Gushman, II, Victor H. Li and Barry K. Taniguchi—continue in office with terms ending at the 2011 Annual Meeting of Shareholders.  Class I Directors— Shirley J. Daniel, Constance H. Lau, A. Maurice Myers and James K. Scott—continue in office with terms ending at the 2012 Annual Meeting of Shareholders.

 

 

HECO:  On May 11, 2010, HEI, the sole common shareholder of Hawaiian Electric Company, Inc. (HECO), by written consent in lieu of an annual meeting of shareholders (1) fixed the number of HECO directors at thirteen, (2) elected all thirteen incumbent HECO directors—Thomas B. Fargo, Peggy Y. Fowler, Timothy E. Johns, Bert A. Kobayashi, Jr., Constance H. Lau, A. Maurice Myers, David M. Nakada, Alan M. Oshima, Richard M. Rosenblum, Anne M. Takabuki, Kelvin H. Taketa, Barry K. Taniguchi and Jeffrey N. Watanabe to serve until the next annual meeting of HECO shareholders, or until their successors are duly elected and qualified and (3) ratified the appointment of PricewaterhouseCoopers LLP as HECO’s independent registered accounting firm for 2010.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. The signature of the undersigned companies shall be deemed to relate only to matters having reference to such companies and any subsidiaries thereof.

 

HAWAIIAN ELECTRIC INDUSTRIES, INC.			HAWAIIAN ELECTRIC COMPANY, INC.
(Registrant)			(Registrant)
/s/ James A. Ajello			/s/ Tayne S. Y. Sekimura
James A. Ajello			Tayne S. Y. Sekimura
Senior Financial Vice President,			Senior Vice President and
Treasurer and Chief Financial Officer			Chief Financial Officer
(Principal Financial Officer of HEI)			(Principal Financial Officer of HECO)
Date: May 13, 2010			Date: May 13, 2010

 

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