FORM 5 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the
Securities Act of 1934
[ ] Check this box if no longer subject to Section 16. Form 4 or
Form 5 obligations may continue.
[ ] Form 3 Holdings Reported.
[x] Form 4 Holdings Reported.
1. Name and Address of Reporting Person
PROCTOR TED L.
(Last) (First) (Middle)
P. O. Box 187
(Street)
KAHULUI Hi 96733
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MAUI LAND & PINEAPPLE COMPANY, INC. (MAUI)
3. IRS or Social Security Number of Reporting Person
(Voluntary) ###-##-####
4. Statement for Month/Year12/98
5. If Amendment, Date of Original
(Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Controller & Assistant Treasurer
7. Individual or Joint/Group Filing
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
1. Title of Security: COMMON STOCK
2. Transaction Date (Month/Day/Year): 4/20/98
3. Transaction Code: Code I
4. Securities Acquired (A) or Disposed of (D):
Amount: 22 (A) or (D): A Price:N/A
5. Amount of Securities Beneficially Owned at End of Issuer's
Fiscal Year: 7,180
6. Ownership Form - Direct (D) or Indirect (I): I
7. Nature of Indirect Beneficial Ownership:ESOP Trust
Explanation of Responses:
/S/ TED PROCTOR 12/29/98
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
