SEC Form 3 · accession 0001104659-18-045840
First Western Financial Inc · MYFW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie A Courkamp
Officer — Chief Financial Officer
Period of report
Jul 18, 2018
Accepted (ET)
Jul 18, 2018 · 8:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327607
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 4,151 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (right to buy)F2 | $25.00 | holding | — | — | — | — | Jan 24, 2022 | Common Stock | 750 | — | D |
| Nonqualified Stock Option (right to buy)F3 | $40.00 | holding | — | — | — | — | Jan 24, 2022 | Common Stock | 1,500 | — | D |
| Nonqualified Stock Option (right to buy)F4 | $20.00 | holding | — | — | — | — | Sep 1, 2023 | Common Stock | 3,000 | — | D |
| Nonqualified Stock Option (right to buy)F5 | $20.00 | holding | — | — | — | — | Jul 1, 2024 | Common Stock | 2,500 | — | D |
| Nonqualified Stock Option (right to buy)F6 | $25.00 | holding | — | — | — | — | Dec 23, 2025 | Common Stock | 3,000 | — | D |
| Performance Stock UnitF7 | $0.00 | holding | — | — | — | — | Jun 30, 2022 | Common Stock | 2,037 | — | D |
Explanation of responses
- F1Includes 3,259 restricted stock units that vest in four substantially equal annual installments beginning on April 30, 2019, subject to the continued service of the reporting person.
- F2The option is currently exercisable. The option previously vested in accordance with its terms.
- F3The option is currently exercisable. The option previously vested in accordance with its terms.
- F4The option is vested as to 2,400 shares, and the remaining 600 shares vest on September 1, 2018, subject to the continued service of the reporting person.
- F5The option is vested as to 2,000 shares, and the remaining 500 shares vest on July 1, 2019, subject to the continued service of the reporting person.
- F6The option is vested as to 1,200 shares, and the remaining 1,800 shares vest in three equal annual installments beginning on December 23, 2018, subject to the continued service of the reporting person.
- F7Each performance stock unit represents a contingent right to receive one share of First Western Financial, Inc. common stock, no par value ("Common Stock"). The performance stock units vest, if at all, based upon (i) the market price of each share of Common Stock during the period ending June 30, 2020, and (ii) the continued service of the reporting person through June 30, 2022.
Remarks
Exhibit 24 - Power of Attorney