Scott Kavanaugh - Feb 22, 2024 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
Stock symbol
FFWM
Transactions as of
Feb 22, 2024
Transactions value $
-$12,852
Form type
4
Date filed
2/26/2024, 05:34 PM
Previous filing
Aug 17, 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 $43.3K +5.5K +5.25% $7.88 110K Feb 22, 2024 Direct F1
transaction FFWM Common Stock Tax liability -$12.9K -1.63K -1.48% $7.88 109K Feb 22, 2024 Direct F1
holding FFWM Common Stock 1.29M Feb 22, 2024 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 -$43.3K -5.5K -100% $7.88 0 Feb 22, 2024 Common Stock 5.5K Direct F2, F3, F4, F5
holding FFWM Restricted Stock Unit 22.9K Feb 22, 2024 Common Stock 22.9K 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 2/22/2022, 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