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Executive Change

Filed Oct 13, 2020 · 5y ago · Accession 0001104659-20-114537

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

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 9.01 Financial 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
Filing details
Ticker
FHB
CIK
36377
Form type
8-K
Filing date
Oct 13, 2020
Report date
Oct 13, 2020
Document
tm2032948d1_8k.htm
Size
212 KB