SEC Form 4 · accession 0001179110-19-002897
FIRST HAWAIIAN, INC. · FHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell Nishimoto
Officer — Vice Ch & Head of Retail Bkg
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 4:33 pm EST
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 StockF1 | Feb 27, 2019 | A | 4,363 | $0.00 | A | 17,589 | D | |
| Common StockF2 | Feb 27, 2019 | F | 1,402 | $26.78 | D | 16,187 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock of First Hawaiian, Inc. ("Common Stock") underlying performance share units granted in 2016 and earned based on the satisfaction of performance-based vesting requirements over a three-year performance period ending on December 31, 2018 and continued employment through the vesting date. The performance share units vested on February 27, 2019 and will be settled in shares of Common Stock in March 2019.
- F2Represents shares of Common Stock withheld to satisfy withholding obligations in connection with the delivery of the Common Stock underlying the performance share units described in footnote 1 above.