David S. DePillo - 25 Feb 2022 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
President
Signature
/s/ Paul Newton attorney in fact for David S. DePillo
Issuer symbol
FFWM
Transactions as of
25 Feb 2022
Net transactions value
-$42,400
Form type
4
Filing time
25 Feb 2022, 17:54:45 UTC
Previous filing
24 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise +4,621 +40% 16,183 25 Feb 2022 Direct F1, F2
transaction FFWM Common Stock Tax liability $42,400 -1,597 -9.9% $26.55 14,586 25 Feb 2022 Direct F1, F3
holding FFWM Common Stock 720,407 25 Feb 2022 Family Trust

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 -4,621 -100% 0 25 Feb 2022 Common Stock 4,621 Direct F2, F4, 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 Shares withheld to cover tax liability.
F4 No exercisable date for this type of award
F5 Vesting dates 2/25/2020, 2/25/2021, 2/25/2022
F6 No expiration date for this type of award