SEC Form 4 · accession 0001204656-15-000002
BANK OF HAWAII CORP · BOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Heenan
Director
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 8:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000046195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 6, 2015 | M | 7,895 | — | A | 37,564 | D | |
| Common Stock | May 6, 2015 | S | 7,895 | $59.9032 | D | 29,669 | D | |
| Common Stock | holding | — | — | — | 420 | I | By Family Partnership | |
| Common Stock | holding | — | — | — | 156 | I | By David Allan Heenan, Inc. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Direc. Deferred Comp / Plan - BOHC FundF1,F3,F2 | $0.00 | May 6, 2015 | M | 7,895 | D | May 6, 2015 | — | Common Stock | 7,895 | 14,509 | D |
Explanation of responses
- F1Each share of phantom stock held pursuant to the Bank of Hawaii Corporation Directors' Deferred Compensation Plan was the economic equivalent of one share of the issuer's common stock. The reporting person, who retired on April 23, 2015, had elected to receive his distribution over five years. On conversion date, 7,895 shares were settled for cash.
- F2Expiration date is the same as the exerciseable date.
- F3Securities reported were acquired with reinvested dividends on a periodic basis pursuant to Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.