secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF HAWAII CORP (BOH)
CIK:        0000046195
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001564590-22-002440
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BOH names James C. Polk Vice Chair & Chief Banking Officer; grants 45,704 RSUs
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- James C. Polk named Vice Chair and Chief Banking Officer following Wayne Y. Hamano's retirement; oversees Commercial Banking, Trust, Cash Mgmt, Merchant Services, Corporate Facilities.
- Polk granted 45,704 performance-based restricted stock units under SRSGP, vesting after 4-year period by Mar 31, 2026 if employment and performance conditions met.
- Vesting tied to Bank's percentile rank vs S&P Regional Bank Index on ROE and Price/Book; 100% vesting at 75th percentile, 0% below 50th.
- Polk ineligible for annual equity grants during the 4-year performance period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46195/000156459022002440/0001564590-22-002440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46195/000156459022002440/boh-8k_20220121.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-002440

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer