Sec Form 4 Filing - Lucien Kent Thomas @ BANK OF HAWAII CORP - 2017-01-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lucien Kent Thomas
2. Issuer Name and Ticker or Trading Symbol
BANK OF HAWAII CORP [ BOH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice Chairman & CFO
(Last) (First) (Middle)
130 MERCHANT STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/31/2017
(Street)
HONOLULU, HI96813
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 01/31/2017 F 1,236 D $ 85.91 39,461 D
Common Stock 01/31/2017 M 1,755 A 41,216 D
Common Stock 01/31/2017 D 1,755 D $ 85.91 39,461 D
Common Stock 01/31/2017 M 624 A 40,085 D
Common Stock 01/31/2017 D 624 D $ 85.91 39,461 D
Common Stock 1,000 I Keogh Plan
Common Stock 5,500 ( 2 ) I Owned by Wife
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Restricted Stock Units ( 1 ) 01/31/2017 M 1,755 03/02/2015( 3 ) 01/31/2017( 3 ) Common Stock 1,755 $ 0 ( 1 ) 0 D
Restricted Stock Units ( 1 ) 01/31/2017 M 624 03/02/2015( 4 ) 01/31/2018( 4 ) Common Stock 624 $ 0 ( 1 ) 627 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lucien Kent Thomas
130 MERCHANT STREET
HONOLULU, HI96813
X Vice Chairman & CFO
Signatures
KENT LUCIEN 02/02/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit was the economic equivalent of one share of BOH common stock. The reporting person settled the restricted stock unit for cash
( 2 )Reporting person disclaims personal ownership of these shares.
( 3 )Restricted stock units issued 1-24-2014 vests in one third blocks on 3-2-2015, 1-29-2016, and 1-31-2017, respectively, and settled in cash provided service and performance criteria are met.
( 4 )Restricted stock units issued 1-24-2014 are settled in cash and vest in one third blocks over 4 years on 3-2-2015, 1-29-2016, 1-31-2017, and 1-31-2018 respectively, provided service and performance criteria are met.

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).
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