John Hakopian - 22 Feb 2023 Form 4 Insider Report for First Foundation Inc. (FFWM)

Role
President, FFA, Director
Signature
/s/ Paul Newton attorney in fact for John Hakopian
Issuer symbol
FFWM
Transactions as of
22 Feb 2023
Net transactions value
-$2,359
Form type
4
Filing time
24 Feb 2023, 16:00:09 UTC
Previous filing
12 Jan 2023
Next filing
01 Mar 2023
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 $5,162 +343 +0.99% $15.05 34,884 23 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability $1,249 -83 -0.24% $15.05 34,801 23 Feb 2023 Direct F1
transaction FFWM Common Stock Options Exercise $4,560 +304 +0.87% $15.00 35,105 22 Feb 2023 Direct F1
transaction FFWM Common Stock Tax liability $1,110 -74 -0.21% $15.00 35,031 22 Feb 2023 Direct F1
holding FFWM Common Stock 806,842 22 Feb 2023 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 $5,162 -343 -100% $15.05 0 23 Feb 2023 Common Stock 343 Direct F2, F3, F4, F5
transaction FFWM Restricted Stock Unit Options Exercise $4,560 -304 -50% $15.00 304 22 Feb 2023 Common Stock 304 Direct F2, F3, F5, F6
holding FFWM Restricted Stock Unit 1,956 22 Feb 2023 Common Stock 1,956 Direct F2, F3, F5, F7
* 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: 02/23/2021, 02/23/2022, and 02/23/2023
F5 No expiration date for this type of award
F6 Vesting dates 2/22/2022, 2/22/2023, 2/22/2024
F7 Vesting dates: 2/28/2023, 2/28/2024, and 2/28/2025