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
December 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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<TABLE>
<CAPTION>
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<S> <C> <C> <C> <C>
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)
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Code V Amount (A) or (D) Price
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</TABLE>
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1. Title of 6. Ownership Form 7. Nature of
Security Direct (D) or Indirect
(Instr. 3) Indirect (I) Beneficial
(Instr. 4) Ownership
(Instr. 4)
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Explanation of respons es:
<PAGE>
<TABLE>
<CAPTION>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C> <C>
1. Title of 2.Conversion 3. Transaciton 4. Transaction 5. Number of 6. Date Exercisable 7. Title and Amount of
Derivative or Date (Month/ Code Derivative and Expiration Underlying
Security Exercise Day/Year) (Instr. 8) Securities Date Securities (Instr.
(Instr. 3) Price of 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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Common Stock 0.00 12/01/99 P 1,500 (1) (1) Class A 1,500 (2)
(2) Common
Stock
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</TABLE>
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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 44.0 2,910,400 (2) (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. (2) At its November meeting, the
Board of Directors of the Issuer declared a two-for-one stock split in the form
of a 100% stock dividend on both the common stock and the Class A stock in
accordance with the Certificate of Incorporation of the Issuer. The record date
for the stock dividend was December 1, 1999, and the dividend payment date was
December 15, 1999.
** 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: January 10, 2000
