Christopher M. Naghibi - Feb 22, 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
Chief Operating Officer
Signature
/s/ Paul Newton attorney in fact for Christopher M. Naghibi
Stock symbol
FFWM
Transactions as of
Feb 22, 2023
Transactions value $
-$6,987
Form type
4
Date filed
2/24/2023, 04:12 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 $9.68K +645 +18.82% $15.00 4.07K Feb 22, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$3.35K -223 -5.48% $15.00 3.85K Feb 22, 2023 Direct F1
transaction FFWM Common Stock Options Exercise $10.5K +700 +18.19% $15.05 4.55K Feb 23, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$3.64K -242 -5.32% $15.05 4.31K Feb 23, 2023 Direct F1
holding FFWM Common Stock 987 Feb 22, 2023 Son's 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 -$9.68K -645 -50% $15.00 645 Feb 22, 2023 Common Stock 645 Direct F2, F3, F4, F5
transaction FFWM Restricted Stock Unit Options Exercise -$10.5K -700 -100% $15.05 0 Feb 23, 2023 Common Stock 700 Direct F2, F3, F5, F6
holding FFWM Restricted Stock Unit 4.18K Feb 22, 2023 Common Stock 4.18K Direct F2, F3, F7, F8
* 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 2/22/2022, 2/22/2023, 2/22/2024
F5 No Expiration date for this type of award
F6 Vesting dates: 02/23/2021, 02/23/2022, and 02/23/2023
F7 Vesting dates: 2/28/2023, 2/28/2024, and 2/28/2025
F8 No expiration date for this type of award