BancWest Form 4 FIRST HAWAIIAN / PARIBAS BNP ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

BNP PARIBAS

(Last) (First) (Middle)

3 RUE D'ANTIN

(Street)

PARIS I0 75002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST HAWAIIAN, INC. [ FHB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/01/2019		S		24,859,750	D	$26.11	0(1)	I	See footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

BNP PARIBAS

(Last) (First) (Middle)

3 RUE D'ANTIN

(Street)

PARIS I0 75002

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BancWest Corp

(Last) (First) (Middle)

180 MONTGOMERY STREET

25TH FLOOR

(Street)

SAN FRANCISCO CA 94104

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

BNP Paribas USA, Inc.

(Last) (First) (Middle)

787 7TH AVENUE

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

Explanation of Responses:

1. Following the sale of 24,859,750 shares in a public secondary offering, BNP Paribas has fully exited its stake in First Hawaiian, Inc. common stock.

2. Prior to the completion of the sale of the 24,859,750 shares in a public secondary offering, the shares of the common stock, par value $0.01 per share ("Common Stock"), of First Hawaiian, Inc. (the "Company"), were owned of record by BancWest Corporation ("BWC"). BNP Paribas USA, Inc. ("BNPP USA"), the parent company of BWC, and BNP Paribas ("BNPP"), the parent company of BNPP USA, were deemed to beneficially own all such shares of Common Stock. The board of directors of BNPP had the power to vote, or direct the vote of, and to dispose, or direct the disposition of, shares of Common Stock owned of record by BWC.

Remarks:

* Julien Montel also signed this Form 4 on behalf of BNP Paribas, as Senior Analyst of Corporate Financial Structuring. * James Farris also signed this Form 4 on behalf of BNP Paribas USA, Inc., as an Authorized Agent.

	/s/ Xavier Antiglio, Chief Financial Officer of BancWest Corporation	02/01/2019
	/s/ Pierre-Julien Marboeuf, Head of Corporate Financial Structuring of BNP Paribas*	02/01/2019
	/s/ Pierre Bouchara, Authorized Agent of BNP Paribas USA, Inc.*	02/01/2019
	** Signature of Reporting Person	Date
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).
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