FIRST HAWAIIAN, INC. — Director's Dealing 2020

Feb 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST HAWAIIAN, INC. (FHB)
CIK: 0000036377
Period of Report: 2020-02-26

Reporting Person: Arizumi Alan (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-26	Common Stock	A	6304	—	Acquired	29133	Direct
2020-02-26	Common Stock	F	2119	$25.96	Disposed	27014	Direct
2020-02-26	Common Stock	A	5296	—	Acquired	32310	Direct
2020-02-26	Common Stock	A	955	—	Acquired	2507	Indirect
2020-02-26	Common Stock	F	357	$25.96	Disposed	2150	Indirect
2020-02-26	Common Stock	A	644	—	Acquired	2794	Indirect

Footnotes

F1: Represents shares of common stock of First Hawaiian, Inc. ("Common Stock") underlying performance share units granted in 2017 and earned based on the satisfaction of performance-based vesting requirements over a three-year performance period ending on December 31, 2019 and continued employment through the vesting date. The performance share units vested on February 26, 2020 and will be settled in shares of Common Stock in March 2020.

F2: Represents shares of Common Stock withheld to satisfy withholding obligations in connection with the delivery of the Common Stock underlying the performance share units described in footnote 1 above.

F3: Represents restricted shares that vest in three equal annual installments beginning on February 26, 2021, subject to continued employment through the applicable vesting date.