Joseph C. Zimlich - Mar 3, 2023 Form 4 Insider Report for First Western Financial Inc (MYFW)

Role
Director
Signature
/s/ Julie A. Courkamp, attorney-in-fact
Stock symbol
MYFW
Transactions as of
Mar 3, 2023
Transactions value $
$57,600
Form type
4
Date filed
3/6/2023, 04:25 PM
Previous filing
May 4, 2022
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYFW Common Stock Options Exercise $57.6K +2.88K +8.38% $20.00 37.2K Mar 3, 2023 Direct
holding MYFW Common Stock 90.1K Mar 3, 2023 By Bohemian Investments, LLC F1
holding MYFW Common Stock 109K Mar 3, 2023 By BOCO Investments, LLC F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MYFW Stock Option Right to Buy Options Exercise $0 -2.88K -100% $0.00* 0 Mar 3, 2023 Common Stock 2.88K $20.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person serves as Managing Member of the sole member of Bohemian Investments, LLC, and has voting and dispositive power over the shares held by Bohemian Investments, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
F2 The reporting person serves as President of the Managing Member of BOCO Investments, LLC and has voting and dispositive power over the shares held by BOCO Investments, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
F3 The stock options were granted on April 17, 2013. Stock options vested 20% annually for five years.