Christopher M. Naghibi - Feb 28, 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 28, 2023
Transactions value $
-$7,249
Form type
4
Date filed
3/1/2023, 01:37 PM
Previous filing
Feb 24, 2023
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise $21K +1.39K +32.35% $15.07 5.7K Feb 28, 2023 Direct F1
transaction FFWM Common Stock Tax liability -$7.25K -481 -8.44% $15.07 5.22K Feb 28, 2023 Direct F1
holding FFWM Common Stock 987 Feb 28, 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 -$21K -1.39K -33.32% $15.07 2.79K Feb 28, 2023 Common Stock 1.39K Direct F2, F3, F4, F5
holding FFWM Restricted Stock Unit 645 Feb 28, 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