Simone Lagomarsino - Jul 8, 2024 Form 3 Insider Report for First Foundation Inc. (FFWM)

Signature
/s/Paul Newton attorney in fact for Simone Lagomarsino
Stock symbol
FFWM
Transactions as of
Jul 8, 2024
Transactions value $
$0
Form type
3
Date filed
7/11/2024, 02:12 PM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FFWM Common Stock 122K Jul 8, 2024 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
holding FFWM Series C Warrant Jul 8, 2024 Series C Preferred Stock 48 Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 From and after January 5, 2025, the warrant is exercisable to purchase 48 shares of non-voting Series C Preferred Stock, par value $0.001 per share, at a price of $5,125 per share, subject to adjustment, and expires on July 8, 2031. Subject to approval by the stockholders of the Company, each share of Series C Preferred Stock will convert into 1,000 shares of Common Stock upon a transfer consistent with the rules and limitations of Regulation Y of the Bank Holding Company Act of 1956, as amended.