Scott F. Kavanaugh - Feb 29, 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 29, 2024
Transactions value $
-$22,244
Form type
4
Date filed
3/4/2024, 12:51 PM
Previous filing
Feb 26, 2024
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFWM Common Stock Options Exercise $90.9K +11.5K +10.55% $7.93 120K Feb 29, 2024 Direct F1
transaction FFWM Common Stock Tax liability -$22.2K -2.81K -2.34% $7.93 117K Feb 29, 2024 Direct F1
holding FFWM Common Stock 1.29M Feb 29, 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 -$90.9K -11.5K -49.99% $7.93 11.5K Feb 29, 2024 Common Stock 11.5K Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU with Executives Vesting 2023 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