John Hakopian - Feb 22, 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
President, FFA, Director
Signature
/s/ Paul Newton attorney in fact for John Hakopian
Stock symbol
FFWM
Transactions as of
Feb 22, 2023
Transactions value $
-$2,359
Form type
4
Date filed
2/24/2023, 04:00 PM
Previous filing
Jan 12, 2023
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise $5.16K +343 +0.99% $15.05 34.9K Feb 23, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$1.25K -83 -0.24% $15.05 34.8K Feb 23, 2023 Direct F1
transaction FFWM Common Stock Options Exercise $4.56K +304 +0.87% $15.00 35.1K Feb 22, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$1.11K -74 -0.21% $15.00 35K Feb 22, 2023 Direct F1
holding FFWM Common Stock 807K Feb 22, 2023 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 -$5.16K -343 -100% $15.05 0 Feb 23, 2023 Common Stock 343 Direct F2, F3, F4, F5
transaction FFWM Restricted Stock Unit Options Exercise -$4.56K -304 -50% $15.00 304 Feb 22, 2023 Common Stock 304 Direct F2, F3, F5, F6
holding FFWM Restricted Stock Unit 1.96K Feb 22, 2023 Common Stock 1.96K Direct F2, F3, F5, F7
* 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: 02/23/2021, 02/23/2022, and 02/23/2023
F5 No expiration date for this type of award
F6 Vesting dates 2/22/2022, 2/22/2023, 2/22/2024
F7 Vesting dates: 2/28/2023, 2/28/2024, and 2/28/2025