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BOH > SEC Filings for BOH > Form 8-K on 11-Feb-2014All Recent SEC Filings

Show all filings for BANK OF HAWAII CORP



Other Events

Item 8.01. Other Events.

On February 10, 2014, Peter S. Ho, Chairman, CEO and President of Bank of Hawaii Corporation (the "Company"), terminated that certain 10b5-1 Sales Plan dated April 24, 2013 (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 2014 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 3, 2014 pursuant to a pre-established formula and provided for termination in accordance with its terms.

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