Ulrich E. Keller - Feb 28, 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
Chairman, Director
Signature
/s/ Paul Newton attorney in fact for Ulrich E. Keller
Stock symbol
FFWM
Transactions as of
Feb 28, 2023
Transactions value $
-$4,446
Form type
4
Date filed
3/1/2023, 01:32 PM
Previous filing
Feb 24, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise $12.9K +854 +4.27% $15.07 20.9K Feb 28, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$4.45K -295 -1.41% $15.07 20.6K Feb 28, 2023 Direct F1
holding FFWM Common Stock 1.26M Feb 28, 2023 Family Trust F2
holding FFWM Common Stock 693K Feb 28, 2023 Limited Partnership
holding FFWM Common Stock 245K Feb 28, 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 -$12.9K -854 -33.32% $15.07 1.71K Feb 28, 2023 Common Stock 854 Direct F3, F4, F5, F6
holding FFWM Restricted Stock Unit 443 Feb 28, 2023 Common Stock 443 Direct F3, F4, F6, 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 608 shares have been transferred from the insider's individual account (direct ownership) to this account since the last filing.
F3 No exercise price for this type of award
F4 No exercisable date for this type of award
F5 Vesting dates: 2/28/2023, 2/28/2024, and 2/28/2025
F6 No expiration date for this type of award
F7 Vesting dates 2/22/2022, 2/22/2023, 2/22/2024