SEC Form 4 · accession 0001209191-17-007865
First Foundation Inc. · FFWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Michel
Officer — Chief Financial Officer
Period of report
Feb 3, 2017
Accepted (ET)
Feb 3, 2017 · 7:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001413837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 3, 2017 | M | 1,510 | — | A | 52,020 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RSUF1,F2 | — | holding | — | — | — | Feb 3, 2018 | Feb 3, 2018 | Common Stock | 1,510 | 1,510 | D |
| OptionF4 | $5.00 | holding | — | — | — | Sep 17, 2010 | Sep 16, 2017 | Common Stock | 120,000 | 120,000 | D |
| OptionF4 | $7.50 | holding | — | — | — | Jan 27, 2012 | Jan 26, 2019 | Common Stock | 14,000 | 14,000 | D |
| OptionF4 | $7.50 | holding | — | — | — | Oct 25, 2014 | Oct 25, 2021 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1On January 18, 2017 First Foundation Inc.'s common stock split 2 for 1, resulting in the reporting person's ownership of twice as many RSUs as of such date
- F2Restricted stock unit grant, no exercise price
- F3On January 18, 2017 First Foundation Inc.'s common stock split 2 for 1, resulting in the reporting person's ownership of 25,255 additional shares of common stock as of such date
- F4On January 18, 2017 First Foundation Inc.'s common stock split 2 for 1, resulting in the reporting person's ownership of twice as many options with an exercise price being reduced by 50% as of such date