SEC Form 4 · accession 0001179110-16-028550
FIRST HAWAIIAN, INC. · FHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Ching
Officer — Exec VP, CFO & Treasurer
Period of report
Aug 9, 2016
Accepted (ET)
Aug 10, 2016 · 9:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 9, 2016 | A | 3,500 | $23.00 | A | 3,500 | D | |
| Common StockF1 | Aug 9, 2016 | A | 6,956 | $0.00 | A | 10,456 | D | |
| Common StockF2 | Aug 9, 2016 | A | 3,478 | $0.00 | A | 13,934 | D | |
| Common Stock | Aug 9, 2016 | F | 2,450 | $23.00 | D | 11,484 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares which are subject to transfer restrictions that will lapse 6 months following the grant date for 50% of the restricted shares and 18 months following the grant date for the remaining 50% of the restricted shares.
- F2Represents restricted stock units that will vest on August 9, 2017 and settle in shares of Common Stock on a one-to-one basis, contingent upon continued employment through the vesting date and First Hawaiian, Inc.'s achieving positive core net income for fiscal year 2016.