Scott F. Kavanaugh - Feb 22, 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
Chief Executive Officer, Director
Signature
/s/ Paul Newton attorney in fact for Scott F. Kavanaugh
Stock symbol
FFWM
Transactions as of
Feb 22, 2023
Transactions value $
-$63,147
Form type
4
Date filed
2/24/2023, 04:06 PM
Previous filing
Feb 23, 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 $78K +5.18K +5.8% $15.05 94.5K Feb 23, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$30.7K -2.04K -2.16% $15.05 92.5K Feb 23, 2023 Direct F1
transaction FFWM Common Stock Options Exercise $82.5K +5.5K +5.95% $15.00 98K Feb 22, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$32.5K -2.16K -2.21% $15.00 95.8K Feb 22, 2023 Direct F1
holding FFWM Common Stock 1.29M 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 -$78K -5.18K -100% $15.05 0 Feb 23, 2023 Common Stock 5.18K Direct F2, F3, F4, F5
transaction FFWM Restricted Stock Unit Options Exercise -$82.5K -5.5K -50% $15.00 5.5K Feb 22, 2023 Common Stock 5.5K Direct F2, F3, F5, F6
holding FFWM Restricted Stock Unit 34.4K Feb 22, 2023 Common Stock 34.4K 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