Ulrich E. Keller - 22 Feb 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
Chairman, Director
Signature
/s/ Paul Newton attorney in fact for Ulrich E. Keller
Issuer symbol
FFWM
Transactions as of
22 Feb 2023
Transactions value $
-$4,823
Form type
4
Filing time
24 Feb 2023, 16:11:16
Previous filing
03 Feb 2023
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise $7.31K +486 +2.43% $15.05 20.5K 23 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability -$2.53K -168 -0.82% $15.05 20.3K 23 Feb 2023 Direct F1
transaction FFWM Common Stock Options Exercise $6.65K +443 +2.18% $15.00 20.8K 22 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability -$2.3K -153 -0.74% $15.00 20.6K 22 Feb 2023 Direct F1
holding FFWM Common Stock 1.26M 22 Feb 2023 Family Trust
holding FFWM Common Stock 693K 22 Feb 2023 Limited Partnership
holding FFWM Common Stock 245K 22 Feb 2023 Spouse

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 -$7.31K -486 -100% $15.05 0 23 Feb 2023 Common Stock 486 Direct F2, F3, F4, F5
transaction FFWM Restricted Stock Unit Options Exercise -$6.65K -443 -50% $15.00 443 22 Feb 2023 Common Stock 443 Direct F2, F3, F5, F6
holding FFWM Restricted Stock Unit 2.56K 22 Feb 2023 Common Stock 2.56K 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