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
16, Boulevard des Italiens
75009, Paris, France
2. Issuer Name and Ticker or Trading Symbol
BancWest Corporation (BWE)
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
94-1677765
4. Statement for Month/Year
November 1999
5. If Amendment, Date of Original (Month/Year)
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
- --------
* If the Form is filed by more than one Reporting Person, See Instruction
4(b)(v). Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
<PAGE>
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
- ------------------- ------------------- ------------------------- ---------------------------------- --------------------
1. Title of 2. Transaction 3. Transaction Code 4. Securities Acquired (A) or 5. Amount of
Security Date (Instr. 8) Disposed of (D) Securities
(Instr. 3) (Month/Day/ (Instr. 3, 4 and 5) Beneficially
Year) Owned at End of
Month
(Instr. 3 and 4)
- ------------------- ------------------- ------------------------- ---------------------------------- --------------------
- ------------------- ------------------- ------------ ------------ ----------- ----------- ---------- --------------------
Code V Amount (A) or (D) Price
- ------------------- ------------------- ------------ ------------ ----------- ----------- ---------- --------------------
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------- ------------------- ------------ ------------ ----------- ----------- ---------- --------------------
- ------------------- ------------------- ------------ ------------ ----------- ----------- ---------- --------------------
- ------------------- ------------------- ------------ ------------ ----------- ----------- ---------- --------------------
</TABLE>
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6. Ownership Form 7. Nature of
Direct (D) or Indirect
Indirect (I) Beneficial
(Instr. 4) Ownership
(Instr. 4)
--------------------- --------------------
--------------------- --------------------
--------------------- --------------------
--------------------- --------------------
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Explanation of responses:
<PAGE>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
- ---------------- -------------- ------------- -------------- -------------- ----------------------- ------------------------
1. Title of 2. Conversion 3.Transaction 4. Transaction 5. Number of 6. Date Exercisable 7. Title and Amount of
Derivative or Date Code Derivative and Expiration Underlying
Security Exercise (Month/ (Instr. 8) Securities Date Securities (Instr.
(Instr. 3) Price of Day/Year) Acquired (Month/Day/Year) 3 and 4)
Derivative (A) or
Security Disposed
of (D)
Instr. 3,
4 and 5)
- ---------------- -------------- ------------- -------------- -------------- ----------------------- ------------------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Code V (A) (D) Date Expiration Title Amount or
Exercisable Date Number of
Shares
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
<S> <C> <C> <C> <C> <C> <S> <C> <C>
Common Stock 0.00 11/05/99 P 5,000 (1) (1) Class A 5,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/08/99 P 4,400 (1) (1) Class A 4,400
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/08/99 P 600 (1) (1) Class A 600
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/09/99 P 5,000 (1) (1) Class A 5,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/09/99 P 10,000 (1) (1) Class A 10,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/10/99 P 10,000 (1) (1) Class A 10,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/10/99 P 5,000 (1) (1) Class A 5,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/10/99 P 5,000 (1) (1) Class A 5,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/11/99 P 5,000 (1) (1) Class A 5,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/12/99 P 15,000 (1) (1) Class A 15,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/19/99 P 8,700 (1) (1) Class A 8,700
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/19/99 P 40,100 (1) (1) Class A 40,100
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/19/99 P 3,700 (1) (1) Class A 3,700
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/19/99 P 400 (1) (1) Class A 400
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/22/99 P 7,100 (1) (1) Class A 7,100
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/22/99 P 10,000 (1) (1) Class A 10,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/22/99 P 89,000 (1) (1) Class A 89,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/23/99 P 6,000 (1) (1) Class A 6,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/23/99 P 400 (1) (1) Class A 400
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/23/99 P 31,600 (1) (1) Class A 31,600
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/24/99 P 17,300 (1) (1) Class A 17,300
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/24/99 P 130,000 (1) (1) Class A 130,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/29/99 P 8,200 (1) (1) Class A 8,200
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/29/99 P 400 (1) (1) Class A 400
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
Common Stock 0.00 11/30/99 P 4,000 (1) (1) Class A 4,000
Common
Stock
- ---------------- -------------- ------------- ------- ------ --------- ---- ----------- ----------- ----------- ------------
</TABLE>
- ------------- -------------- ------------- --------------
8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. Beneficially Security: Ownership
5) Owned at Direct (Instr. 4)
end of (D) or
Month Indirect
(Instr. 4) (I)
(Instr.
4)
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.0
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.375
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.1875
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.0625
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.0
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 43.75
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 43.6875
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 43.625
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 43.5
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 43.5
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.25
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.125
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.0625
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.0
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.4375
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.375
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.25
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 45.0
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.9375
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.875
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.5625
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.5
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.0
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 43.875
- ------------- -------------- ------------- --------------
- ------------- -------------- ------------- --------------
USD 44.0 1,453,700 (D)
- ------------- -------------- ------------- --------------
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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 fact constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Signature of Reporting Person
/s/ Jacques Ardant
- -----------------------------------
Jacques Ardant
Directeur de Succursale Attache
Date: December 7, 1999
