Christopher M. Naghibi - Feb 22, 2024 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 22, 2024
Transactions value $
-$2,080
Form type
4
Date filed
2/22/2024, 06:01 PM
Previous filing
Mar 15, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise $5.08K +645 +12% $7.88 6.02K Feb 22, 2024 Direct F1
transaction FFWM Common Stock Tax liability -$2.08K -264 -4.39% $7.88 5.75K Feb 22, 2024 Direct F1
holding FFWM Common Stock 1.04K Feb 22, 2024 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 -$5.08K -645 -100% $7.88 0 Feb 22, 2024 Common Stock 645 Direct F2, F3, F4, F5
holding FFWM Restricted Stock Unit 2.79K Feb 22, 2024 Common Stock 2.79K 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 2/22/2022, 2/22/2023, 2/22/2024
F5 No Expiration date for this type of award
F6 Vesting dates: 2/28/2023, 2/28/2024, and 2/28/2025
F7 No expiration date for this type of award