Scott F. Kavanaugh - 29 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
29 Feb 2024
Net transactions value
-$22,244
Form type
4
Filing time
04 Mar 2024, 12:51:47 UTC
Previous filing
26 Feb 2024
Next filing
15 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 $90,894 +11,462 +11% $7.93 120,088 29 Feb 2024 Direct F1
transaction FFWM Common Stock Tax liability $22,244 -2,805 -2.3% $7.93 117,283 29 Feb 2024 Direct F1
holding FFWM Common Stock 1,291,529 29 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 $90,894 -11,462 -50% $7.93 11,466 29 Feb 2024 Common Stock 11,462 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