# EDGAR Filing Document

**Accession Number:** 0001680503
**File Stem:** 0001415889-23-003203
**Filing Date:** 2023-2
**Character Count:** 7203
**Document Hash:** 55efa0e6ca7956b1c23b075827c2e666
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001415889-23-003203.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001415889-23-003203

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230221

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Arizumi Alan
- **CENTRAL INDEX KEY:** 0001680503

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14585
- **FILM NUMBER:** 23661116

**MAIL ADDRESS:**
- **STREET 1:** 659 HAKAKA PLACE
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96816
**ISSUER**: 

**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

**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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Arizumi Alan<br><sub>(Last) (First) (Middle)</sub><br>C/O FIRST HAWAIIAN, INC.<br>999 BISHOP STREET, 8TH FLOOR<br><sub>(Street)</sub><br>HONOLULU, HI 96813<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-21 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_VICE CHAIRMAN_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>FIRST HAWAIIAN, INC. [ FHB ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-21 |  | A |  | 6541<sup>(1)</sup> | A | $0 | 53318 | D |  |
| Common Stock | 2023-02-21 |  | F |  | 2162<sup>(2)</sup> | D | $26.73 | 51156 | D |  |
| Common Stock | 2023-02-22 |  | A |  | 4491<sup>(3)</sup> | A | $0 | 55647 | D |  |
| Common Stock | 2023-02-21 |  | A |  | 1060<sup>(1)</sup> | A | $0 | 5916 | I | By Spouse |
| Common Stock | 2023-02-21 |  | F |  | 399<sup>(2)</sup> | D | $26.73 | 5517 | I | By Spouse |
| Common Stock | 2023-02-22 |  | A |  | 650<sup>(3)</sup> | A | $0 | 6167 | I | By Spouse |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Represents shares of common stock of First Hawaiian, Inc. ("Common Stock") underlying performance share awards granted in 2020 and earned based on the satisfaction of performance-based vesting requirements over a three-year performance period ending on December 31, 2022 and continued employment through the determination date.  The Compensation Committee of the Board of Directors of First Hawaiian, Inc. determined and approved the amount of Common Stock earned in respect of such performance share awards on February 21, 2023 and such performance share awards will be settled in shares of Common Stock no later than March 23, 2023.

(2) Represents shares of Common Stock withheld to satisfy withholding obligations in connection with the delivery of the Common Stock underlying the performance share awards described in footnote 1 above.

(3) Represents restricted stock units that will vest in three equal annual installments beginning on February 22, 2024 and settle in shares of Common Stock on a one-for-one basis, subject to continued employment through the applicable vesting date.

**Signature:** /s/ Lisa Kamibayashi as Attorney-in-Fact for Alan Arizumi  
**Date:** 2023-02-23

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**