Scott F. Kavanaugh - 22 Feb 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
Issuer symbol
FFWM
Transactions as of
22 Feb 2024
Net transactions value
-$12,852
Form type
4
Filing time
26 Feb 2024, 17:34:59 UTC
Previous filing
17 Aug 2023
Next filing
04 Mar 2024
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 $43,348 +5,501 +5.3% $7.88 110,257 22 Feb 2024 Direct F1
transaction FFWM Common Stock Tax liability $12,852 -1,631 -1.5% $7.88 108,626 22 Feb 2024 Direct F1
holding FFWM Common Stock 1,291,529 22 Feb 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 $43,348 -5,501 -100% $7.88 0 22 Feb 2024 Common Stock 5,501 Direct F2, F3, F4, F5
holding FFWM Restricted Stock Unit 22,928 22 Feb 2024 Common Stock 22,928 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