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
October 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
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* 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>
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1. Title of 2. Transaction 3. Transaction 4. Securities Acquired 5. Amount of 6. Ownership Form 7. Nature of
Security Date Code (A) or Disposed of Securities Direct (D) or Indirect
(Instr. 3) (Month/Day/ (Instr. 8) (D)(Instr. 3, 4 and Beneficially Indirect (I) Beneficial
Year) 5) Owned at End of (Instr. 4) Ownership
Month (Instr. 4)
(Instr. 3 and 4)
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Code V Amount (A) or (D) Price
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
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Explanation of responses:
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)
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Code V (A) (D) Date Expiration Title Amount or
Exercisable Date Number of
Shares
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 0.00 10/25/99 P 20,000 (1) (1) Class A 20,000
Common
Stock
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Common Stock 0.00 10/25/99 P 8,000 (1) (1) Class A 8,000
Common
Stock
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Common Stock 0.00 10/26/99 P 10,000 (1) (1) Class A 10,000
Common
Stock
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Common Stock 0.00 10/26/99 P 2,800 (1) (1) Class A 2,800
Common
Stock
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Common Stock 0.00 10/26/99 P 2,000 (1) (1) Class A 2,000
Common
Stock
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</TABLE>
1. Title of 8. Price of 9. Number of 10. Ownership 11. Nature of
Derivative Derivative Derivative Form of Indirect
Security Security Securities Derivative Beneficial
(Instr. 3) (Instr. Beneficially Security: Ownership
5) Owned at Direct (Instr. 4)
end of (D) or
Month Indirect
(Instr. 4) (I)
(Instr.
4)
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Common Stock USD 40.9375
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Common Stock USD 40.875
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Common Stock USD 40.875
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Common Stock USD 40.5
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Common Stock USD 40.375 1,031,800 (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
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Jacques Ardant
Directeur de Succursale Attache
Date: November 8, 1999
