0001104659-20-114537.txt : 20201013 0001104659-20-114537.hdr.sgml : 20201013 20201013164553 ACCESSION NUMBER: 0001104659-20-114537 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20201013 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20201013 DATE AS OF CHANGE: 20201013 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST HAWAIIAN, INC. CENTRAL INDEX KEY: 0000036377 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 990156159 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14585 FILM NUMBER: 201236866 BUSINESS ADDRESS: STREET 1: 999 BISHOP STREET CITY: HONOLULU STATE: HI ZIP: 96813 BUSINESS PHONE: 808-525-7000 MAIL ADDRESS: STREET 1: 999 BISHOP STREET CITY: HONOLULU STATE: HI ZIP: 96813 FORMER COMPANY: FORMER CONFORMED NAME: BANCWEST CORP/HI DATE OF NAME CHANGE: 19981105 FORMER COMPANY: FORMER CONFORMED NAME: FIRST HAWAIIAN INC DATE OF NAME CHANGE: 19920703 8-K 1 tm2032948d1_8k.htm FORM 8-K
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): October 13, 2020

 

 

FIRST HAWAIIAN, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

001-14585   99-0156159
(Commission File Number)   (IRS Employer Identification No.)

 

999 Bishop St., 29th Floor    
Honolulu, Hawaii   96813
(Address of Principal Executive Offices)   (Zip Code)

 

(808) 525-7000

(Registrant’s Telephone Number, including Area Code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:   Trading Symbol   Name of each exchange on which registered:
Common Stock, par value $0.01 per share   FHB   NASDAQ Global Select Market

 

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d)            On October 13, 2020, the Board of Directors (the “Board”) of First Hawaiian, Inc. (the “Company”) resolved to increase the number of directors constituting the Board from seven to eight and appointed Vanessa Washington to serve as a member of the Board and fill the vacancy, effective immediately. In addition, the Board appointed Ms. Washington to serve on the Board’s Risk Committee. Ms. Washington was also appointed to the board of directors of First Hawaiian Bank, a wholly owned subsidiary of the Company.

 

Ms. Washington will receive compensation for her service as a director in accordance with the Company’s standard arrangements for non-employee directors, pursuant to which the Company anticipates granting a one-time award of restricted stock units with a value of $36,630.

 

The Company has not entered into any transactions with Ms. Washington that are required to be reported under Item 404(a) of Regulation S-K and she will not be employed by the Company. Ms. Washington was not elected pursuant to an arrangement or understanding between her and any other person.

 

For more information, reference is made to the Company’s press release dated October 13, 2020, a copy of which is attached to this Report as Exhibit 99.1. Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such a filing.

 

Item 9.01Financial Statements and Exhibits

 

(d)            Exhibits

 

Exhibit No. Description
   
99.1 Press Release Dated October 13, 2020
104 Cover Page Interactive Data File- the cover page XBRL tags are embedded within the Inline XBRL document

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    FIRST HAWAIIAN, INC.
     
Date:  October 13, 2020   By: /s/ Robert S. Harrison
    Name: Robert S. Harrison
    Title: Chairman of the Board, President and Chief  
      Executive Officer

 

 

EX-99.1 2 tm2032948d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

For Immediate Release

 

First Hawaiian Appoints Vanessa Washington 

to the First Hawaiian, Inc. and First Hawaiian Bank Boards of Directors

 

HONOLULU, Hawaii October 13, 2020--(Globe Newswire)--First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today announced the appointment of Vanessa Washington, retired former Bank of the West Senior Executive Vice President, General Counsel and Secretary, to serve on the Boards of Directors of First Hawaiian Inc. and its bank subsidiary, First Hawaiian Bank.

 

“We are very pleased that Vanessa Washington has joined our Boards as she brings over 25 years of extensive experience serving as a trusted advisor in highly regulated industries, including financial services and REITs,” said Bob Harrison, First Hawaiian, Inc. Chairman, President and CEO. “She has deep expertise in legal, governance and risk mitigation, and we are looking forward to her insights and contributions to First Hawaiian’s continued success.”

 

Vanessa Washington served as the Bank of the West Senior Executive Vice President, General Counsel and Secretary from 2006 until her retirement in October 2020. Ms. Washington previously served as Senior Vice President, General Counsel and Secretary for the publicly traded real estate firm of Catellus Development Corporation from 2001 to 2005 and prior to that, was Senior Vice President and Secretary at California Federal Bank, where she was employed from 1992 to 2001. She has experience as a commercial real estate transactions attorney in private firms and in-house. Ms. Washington serves on the Board of Directors of San Francisco’s Habitat for Humanity where she is the Chair of their Audit Committee. She also serves on the managing board of The Clearing House and is a member of the American College of Real Estate Lawyers. Ms. Washington holds a law degree from the University of California Berkeley School of Law and a bachelor of science degree from the University of North Carolina, Chapel Hill.

 

First Hawaiian, Inc. (NASDAQ:FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii’s oldest and largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company’s website, www.fhb.com.

 

Investor Relations Contact: Media Contact:
Kevin Haseyama, CFA Susan Kam
(808) 525-6268 (808) 525-6254
khaseyama@fhb.com skam@fhb.com

 

 

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