Business Context and Reporting Period
This Form 8-K filing by First Hawaiian, Inc. reports on the results of the annual meeting of stockholders held on April 26, 2017. The company is incorporated in Delaware and is designated as an emerging growth company.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
1. Election of Directors
All nominees were elected. The voting breakdown is as follows:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Matthew Cox | 126,381,105 | 2,526,296 | 4,803,727 |
| W. Allen Doane | 126,254,905 | 2,652,496 | 4,803,727 |
| Thibault Fulconis | 115,179,849 | 13,727,552 | 4,803,727 |
| Gérard Gil | 107,250,459 | 21,656,942 | 4,803,727 |
| Jean-Milan Givadinovitch | 115,122,179 | 13,785,222 | 4,803,727 |
| Robert S. Harrison | 115,310,874 | 13,596,527 | 4,803,727 |
| J. Michael Shepherd | 107,251,135 | 21,656,266 | 4,803,727 |
| Allen B. Uyeda | 115,208,650 | 13,698,751 | 4,803,727 |
| Michel Vial | 108,094,355 | 20,813,046 | 4,803,727 |
2. Ratification of Independent Auditor
Stockholders ratified the re-appointment of Deloitte & Touche as the independent registered public accounting firm for the fiscal year ending December 31, 2017.
- Votes For: 133,678,453
- Votes Against: 6,510
- Abstentions: 26,165
- Broker Non-Votes: None
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares outstanding to calculate the percentage of votes withheld for directors with significant dissent (e.g., Gérard Gil and J. Michael Shepherd had over 21 million votes withheld).
- Confirm the tenure of the newly elected directors and their specific committee assignments.
- Review the full proxy statement for details on the "Broker Non-Votes" which totaled 4,803,727 for the director elections.