HAWAIIAN HOLDINGS, INC. (NASDAQ:HA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 14, 2017, the Board of Directors (the “Board”) of Hawaiian Holdings, Inc. (the “Registrant”) increased the size of the Board from ten to eleven directors and appointed Abhinav "Abhi" Dhar to fill the newly created seat.
As a non-employee director, Mr. Dhar will receive the compensation and travel benefits provided under the Registrant’s previously disclosed non-employee director compensation policy. This includes a base annual retainer of $70,000. Additionally, as a new non-employee director, Mr. Dhar was automatically granted 1,279 restricted stock units upon his appointment to the Board. These restricted stock units will vest in full on the day prior to the Registrant’s 2018 annual meeting of stockholders provided that Mr. Dhar continues to serve as a director through such date.
The Registrant and Mr. Dhar will also enter into the Registrant’s standard form of indemnification agreement.
There are no transactions between Mr. Dhar and the Registrant that would be reportable under Item 404(a) of Regulation S-K.
A copy of the press release announcing Mr. Dhar’s appointment is attached hereto as Exhibit 99.1.
(d)Exhibits.
99.1Press Release dated September 14, 2017.
HAWAIIAN HOLDINGS INC ExhibitEX-99.1 2 ha_abhidharx091417.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWSFOR IMMEDIATE RELEASEThursday,…To view the full exhibit click here
About HAWAIIAN HOLDINGS, INC. (NASDAQ:HA)
Hawaiian Holdings, Inc. is a holding company. The Company, through its subsidiary, Hawaiian Airlines, Inc. (Hawaiian) is engaged in the scheduled air transportation of passengers and cargo. The Company offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as the Company’s Scheduled Operations. It offers non-stop service to Hawai’i from over 10 the United States gateway cities. It also provides approximately 160 daily flights between the Hawaiian Islands. It operates various charter flights. The Company’s fleet consists of over 20 Boeing 717-200 aircraft for the Neighbor Island routes, and approximately eight Boeing 767-300 aircraft and over 20 Airbus A330-200 aircraft for the North America, International and charter routes.