David S. DePillo - Feb 22, 2022 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role: President
Signature: /s/ Paul Newton attorney in fact for David S. DePillo
Stock symbol: FFWM
Transactions as of: Feb 22, 2022
Transactions value $: -$60,969
Form type: 4
Date filed: 2/24/2022, 06:39 PM
Next filing: Feb 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FFWM	Common Stock	Options Exercise		+3.5K	+49.06%		10.6K	Feb 22, 2022	Direct	F1, F2
transaction	FFWM	Common Stock	Tax liability	-$31.9K	-1.21K	-11.38%	$26.36	9.43K	Feb 22, 2022	Direct	F1
transaction	FFWM	Common Stock	Options Exercise		+3.26K	+34.51%		12.7K	Feb 23, 2022	Direct	F1, F2
transaction	FFWM	Common Stock	Tax liability	-$29K	-1.13K	-8.87%	$25.82	11.6K	Feb 23, 2022	Direct	F1
holding	FFWM	Common Stock						720K	Feb 22, 2022	Family Trust

Showing 1 to 5 of 5 entries

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	FFWM	Restricted Stock Unit	Options Exercise		-3.26K	-33.33%		6.51K	Feb 23, 2022	Common Stock	3.26K		Direct	F2, F3, F4, F5
transaction	FFWM	Restricted Stock Unit	Award		+10.5K			10.5K	Feb 22, 2022	Common Stock	10.5K	$0.00	Direct	F2, F3, F5, F6
transaction	FFWM	Restricted Stock Unit	Options Exercise		-3.5K	-33.33%		7.01K	Feb 22, 2022	Common Stock	3.5K	$0.00	Direct	F2, F3, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	RSU with Executives Vesting vesting schedule
F2	No exercise price for this type of award
F3	No exercisable date for this type of award
F4	Vesting dates 2/23/2022, 2/23/2023
F5	No expiration date for this type of award
F6	Vesting dates 2/22/2022, 2/22/2023, 2/22/2024