SEC Form 4 · accession 0001209191-16-102037

HAWAIIAN HOLDINGS INC · HA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Zac Hirzel

Director

Period of report

Feb 22, 2016

Accepted (ET)

Feb 24, 2016 · 6:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001172222

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2,F3	Feb 22, 2016	S	100,591	$41.1127	D	89,976	I	See footnote
Common Stock^F4,F2,F3	Feb 23, 2016	S	89,976	$41.2598	D	0	I	See footnote
Common Stock^F1,F2,F5	Feb 22, 2016	S	2,297	$41.1127	D	2,055	I	See footnote
Common Stock^F4,F2,F5	Feb 23, 2016	S	2,055	$41.2598	D	0	I	See footnote
Common Stock^F1,F2,F6	Feb 22, 2016	S	8,910	$41.1127	D	7,969	I	See footnote
Common Stock^F4,F2,F6	Feb 23, 2016	S	7,969	$41.2598	D	0	I	See footnote
Common Stock	holding	—	—		—	7,952	D

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $41.10 to $41.17 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F2The filing of this Form 4 shall not be construed as an admission that Hirzel Capital Management LLC ("Hirzel Capital") or Zac S. Hirzel, the President of Hirzel Capital, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock of the Issuer purchased by certain private funds to which Hirzel Capital serves as the general partner or managing member. Pursuant to Rule 16a-1, both Hirzel Capital and Mr. Hirzel disclaim such beneficial ownership.
F3Hirzel Capital held indirectly the shares of Common Stock of the Issuer through the account of a private fund ("Account 1"), for which Hirzel Capital is the general partner. Hirzel Capital receives a portion of the profits in the form of a capital allocation from, and owns a partnership interest in, Account 1. Zac S. Hirzel reports the Common Stock held indirectly by Account 1 because, as the President of Hirzel Capital at the time of sale, he controlled the disposition and voting of the securities.
F4The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $40.99 to $41.62 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
F5Hirzel Capital held indirectly the shares of Common Stock of the Issuer through the account of a private fund ("Account 2"), for which Hirzel Capital is the general partner. Hirzel Capital receives a portion of the profits in the form of a capital allocation from, and owns a partnership interest in, Account 2. Zac S. Hirzel reports the Common Stock held indirectly by Account 2 because, as the President of Hirzel Capital at the time of sale, he controlled the disposition and voting of the securities.
F6Hirzel Capital held indirectly the shares of Common Stock of the Issuer through the account of a private fund ("Account 3"), for which Hirzel Capital is the managing member. Hirzel Capital receives a portion of the profits in the form of a capital allocation from, and owns a membership interest in Account 3. Zac Hirzel reports the Common Stock held indirectly by Account 3 because, as the President of Hirzel Capital, he controls the disposition and voting of the securities.