FIRST HAWAIIAN, INC. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS ​ The following table provides certain information with respect to our purchases of shares of the Company’s common stock during the three months ended March 31, 2021: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Purchases of Equity Securities ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of ​ Approximate Dollar ​ ​ ​ ​ ​ ​ ​ Shares Purchased ​ Value of Shares ​ ​ Total Number ​ Average ​ as Part of Publicly ​ that May Yet Be ​ ​ of Shares ​ Price Paid ​ Announced Plans or ​ Purchased Under the Period ​ Purchased 1 ​ per Share ​ Programs ​ Plans or Programs 2 January 1, 2021 through January 31, 2021 ​ 144 ​ $ 23.58 ​ - ​ $ - February 1, 2021 through February 28, 2021 ​ 97,460 ​ ​ 25.64 ​ 23,000 ​ ​ 74,331,603 March 1, 2021 through March 31, 2021 ​ 328,825 ​ ​ 28.63 ​ 309,464 ​ ​ 65,457,214 Total ​ 426,429 ​ $ 27.94 ​ 332,464 ​ ​ ​ (1) Includes 93,965 shares acquired from employees to satisfy income tax withholding requirements in connection with vested share awards during the three months ended March 31, 2021. (2) In February 2021, the Company announced a stock repurchase program for up to $75 million of its outstanding common stock during 2021. As of March 31, 2021, $65.5 million remained of the $75 million total repurchase amount authorized under the stock repurchase program for 2021. The timing and amount of stock repurchases are influenced by various internal and external factors. ​ 80 Table of Contents ​ ITEM 6. EXHIBITS ​ A list of exhibits to this Form 10-Q is set forth on the Exhibit Index and is incorporated herein by reference. ​ ​ Exhibit Index ​ ​ ​ Exhibit Number ​ ​ ​ 10.1 First Hawaiian, Inc. 2016 Omnibus Incentive Compensation Plan Form of Restricted Stock Unit Award Agreement (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by First Hawaiian, Inc. on February 4, 2021 (File No. 001-14585)) ​ ​ 10.2 First Hawaiian, Inc. Long-Term Incentive Plan Form of Performance Share Unit Award Agreement (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K filed by First Hawaiian, Inc. on February 4, 2021 (File No. 001-14585)) ​ ​ 31.1 Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as Amended, Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 ​ ​ 31.2 Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934, as Amended, Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 ​ ​ 32.1 Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ​ ​ 32.2 Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 ​ ​ 101.INS XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document ​ ​ 101.SCH Inline XBRL Taxonomy Extension Schema Document ​ ​ 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document ​ ​ 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document ​ ​ 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document ​ ​ 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document ​ ​ 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document (included in Exhibit 101) ​ ​ ​ 81 Table of Contents Signatures ​ Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ​ ​ ​ ​ ​ ​ ​ ​ ​ Date: May 3, 2021 ​ First Hawaiian, Inc. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By: ​ /s/ Robert S. Harrison ​ ​ ​ Robert S. Harrison Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ By: ​ /s/ Ravi Mallela ​ ​ ​ Ravi Mallela Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) ​ ​ ​ ​ 82