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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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(f) of the Investment Company Act of 1940
[_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
________________________________________________________________________________
1. Name and Address of Reporting Person*
Banque Nationale de Paris
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(Last) (First) (Middle)
16, Boulevard des Italiens
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(Street)
75009, Paris, France
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
BancWest Corporation (BWE)
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
94-1677765
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4. Statement for Month/Year
July, 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
________________________________________________________________________________
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
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Explanation of responses:
(Over)
(Form 4-07/98)
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 0.00 7/26/99 P 4,300 (1) (1) Class A 4,300 USD 40.9375 286,000 (D)
Common
Stock
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Common Stock 0.00 7/26/99 P 5,300 (1) (1) Class A 5,300 USD 40.875 286,000 (D)
Common
Stock
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Common Stock 0.00 7/27/99 P 13,100 (1) (1) Class A 13,100 USD 41.6875 286,000 (D)
Common
Stock
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Common Stock 0.00 7/27/99 P 5,000 (1) (1) Class A 5,000 USD 41.5625 286,000 (D)
Common
Stock
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Common Stock 0.00 7/27/99 P 17,400 (1) (1) Class A 17,400 USD 41.5 286,000 (D)
Common
Stock
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Common Stock 0.00 7/27/99 P 2,000 (1) (1) Class A 2,000 USD 41.375 286,000 (D)
Common
Stock
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Common Stock 0.00 7/27/99 P 1,000 (1) (1) Class A 1,000 USD 41.25 286,000 (D)
Common
Stock
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Common Stock 0.00 7/27/99 P 300 (1) (1) Class A 300 USD 41.125 286,000 (D)
Common
Stock
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Common Stock 0.00 7/28/99 P 30,000 (1) (1) Class A 30,000 USD 41.75 286,000 (D)
Common
Stock
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Common Stock 0.00 7/29/99 P 4,800 (1) (1) Class A 4,800 USD 41.8125 286,000 (D)
Common
Stock
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Common Stock 0.00 7/29/99 P 9,800 (1) (1) Class A 9,800 USD 41.75 286,000 (D)
Common
Stock
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Common Stock 0.00 7/29/99 P 15,400 (1) (1) Class A 15,400 USD 41.6875 286,000 (D)
Common
Stock
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Common Stock 0.00 7/30/99 P 16,600 (1) (1) Class A 16,600 USD 41.75 286,000 (D)
Common
Stock
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Common Stock 0.00 7/30/99 P 3,500 (1) (1) Class A 3,500 USD 41.6875 286,000 (D)
Common
Stock
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</TABLE>
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Explanation of responses: (1) The shares of Common Stock are convertible, at the
option of Banque Nationale de Paris, into an equivalent number of shares of
Class A Common Stock in accordance with the terms described in the Amended and
Restated Certificate of Incorporation of the Issuer, and in the Standstill and
Governance Agreement by and between Banque Nationale de Paris and First
Hawaiian, Inc., dated as of November 1, 1998.
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Signature of Reporting Person
/s/ Jacques Ardant
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Jacques Ardant
Directeur de Succursale Attache
Date: August 6, 1999
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