Hugo J. Nuno - 22 Feb 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
Chief Banking Officer
Signature
/s/ Paul Newton attorney in fact for Hugo Nuno
Issuer symbol
FFWM
Transactions as of
22 Feb 2023
Net transactions value
-$5,995
Form type
4
Filing time
24 Feb 2023, 16:13:58 UTC
Previous filing
12 Jan 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 $8,355 +557 +5.5% $15.00 10,659 22 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability $2,880 -192 -1.8% $15.00 10,467 22 Feb 2023 Direct F1
transaction FFWM Common Stock Options Exercise $9,030 +600 +5.7% $15.05 11,067 23 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability $3,115 -207 -1.9% $15.05 10,860 23 Feb 2023 Direct F1

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 $8,355 -557 -50% $15.00 557 22 Feb 2023 Common Stock 557 Direct F2, F3, F4, F5
transaction FFWM Restricted Stock Unit Options Exercise $9,030 -600 -100% $15.05 0 23 Feb 2023 Common Stock 600 Direct F2, F3, F5, F6
holding FFWM Restricted Stock Unit 3,372 22 Feb 2023 Common Stock 3,372 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