SEC Form 4 · accession 0001562180-17-000463
BANK OF HAWAII CORP · BOH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon M Crofts
Officer — VICE CHAIRMAN
Period of report
Jan 31, 2017
Accepted (ET)
Feb 1, 2017 · 9:09 pm EST
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 Stock | Jan 31, 2017 | F | 958 | $85.91 | D | 32,634 | D | |
| Common StockF1 | Jan 31, 2017 | M | 1,755 | — | A | 34,389 | D | |
| Common StockF2 | Jan 31, 2017 | D | 1,755 | $85.91 | D | 33,226 | D | |
| Common StockF2 | holding | — | — | — | 2,277 | I | Owned by spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jan 31, 2017 | M | 1,755 | D | Mar 2, 2015 | Jan 31, 2017 | Common Stock | 1,755 | 0 | D |
Explanation of responses
- F1Each restricted stock unit was the economic equivalent of one share of BOH common stock. The reporting person settled the restricted stock unit for cash
- F2Securities reported were acquired with reinvested dividends pursuant to Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.
- F3Restricted stock units issued 1-24-2014 vests in one third blocks on 3-2-2015, 1-29-2016, and 1-31-2017, respectively, and settled in cash provided service and performance criteria are met.