Item 8.01 Other Events.

On February 21, 2013, Peter S. Ho, Chairman, CEO and President of Bank of Hawaii Corporation (the "Company"), terminated that certain 10b5-1 Sales Plan dated March 5, 2012 ("the 10b5-1 Plan") which was executed for the purpose of effectuating the sale of a limited amount of the Company's shares to pay for potential taxes not subject to tax withholding, which might be incurred as a result of the 2013 vesting of certain previous restricted share grants. The contemplated tax withholding shortfall did not occur and the sale of the Company's shares is unnecessary. The 10b5-1 Plan allowed for the sale of a maximum of 3,500 shares of the Company's Class A common stock commencing March 1, 2013 pursuant to a pre-established formula and provides for termination in accordance with its terms.