SEC Form 4 · accession 0001209191-17-013092
First Foundation Inc. · FFWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Max Briggs
Director
Period of report
Feb 22, 2017
Accepted (ET)
Feb 22, 2017 · 2:13 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 | Feb 22, 2017 | S | 666 | $16.96 | D | 27,554 | I | by family trust |
| Common StockF2 | holding | — | — | — | 6,000 | I | by spouse | |
| Common StockF3 | holding | — | — | — | 1,110 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF4 | $7.50 | holding | — | — | — | Aug 28, 2015 | Aug 27, 2022 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1On January 18, 2017 First Foundation Inc.'s common stock split 2 for 1, resulting in the reporting person's indirect ownership of 14,110 additional shares of common stock as of such date
- F2On January 18, 2017 First Foundation Inc.'s common stock split 2 for 1, resulting in the reporting person's indirect ownership of 3,000 additional shares of common stock as of such date
- F3On January 18, 2017 First Foundation Inc.'s common stock split 2 for 1, resulting in the reporting person's direct ownership of 555 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