Christopher M. Naghibi - 28 Feb 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
Issuer symbol
FFWM
Transactions as of
28 Feb 2023
Net transactions value
-$7,249
Form type
4
Filing time
01 Mar 2023, 13:37:45 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 $20,993 +1,393 +32% $15.07 5,699 28 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability $7,249 -481 -8.4% $15.07 5,218 28 Feb 2023 Direct F1
holding FFWM Common Stock 987 28 Feb 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 $20,993 -1,393 -33% $15.07 2,788 28 Feb 2023 Common Stock 1,393 Direct F2, F3, F4, F5
holding FFWM Restricted Stock Unit 645 28 Feb 2023 Common Stock 645 Direct F2, F3, 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 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
F7 No Expiration date for this type of award