Scott F. Kavanaugh - 28 Feb 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
Issuer symbol: FFWM
Transactions as of: 28 Feb 2023
Net transactions value: -$67,966
Form type: 4
Filing time: 01 Mar 2023, 13:31:23 UTC
Previous filing: 24 Feb 2023
Next filing: 15 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	$172,732	+11,462	+12%	$15.07	107,266	28 Feb 2023	Direct	F1
transaction	FFWM	Common Stock	Tax liability	$67,966	-4,510	-4.2%	$15.07	102,756	28 Feb 2023	Direct	F1
holding	FFWM	Common Stock						1,291,529	28 Feb 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	$172,732	-11,462	-33%	$15.07	22,928	28 Feb 2023	Common Stock	11,462		Direct	F2, F3, F4, F5
holding	FFWM	Restricted Stock Unit						5,501	28 Feb 2023	Common Stock	5,501		Direct	F2, F3, F5, F6

* 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: 2/28/2023, 2/28/2024, and 2/28/2025
F5	No expiration date for this type of award
F6	Vesting dates 2/22/2022, 2/22/2023, 2/22/2024