SEC Form 4 · accession 0001209191-17-015748
First Foundation Inc. · FFWM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ulrich E. Keller Jr.
Officer — Chairman · Director
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 3:25 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 Stock | Feb 28, 2017 | S | 5,000 | $16.46 | D | 2,306,170 | I | by family trust |
| Common Stock | Mar 1, 2017 | S | 5,000 | $16.58 | D | 2,301,170 | I | by family trust |
| Common Stock | holding | — | — | — | 200,000 | I | by wife | |
| Common Stock | holding | — | — | — | 20,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2 | $5.50 | holding | — | — | — | Sep 17, 2010 | Sep 16, 2017 | Common Stock | 81,000 | 81,000 | D |
| OptionF2 | $8.25 | holding | — | — | — | Jan 27, 2012 | Jan 26, 2019 | Common Stock | 30,000 | 30,000 | D |
| OptionF2 | $8.25 | holding | — | — | — | Oct 25, 2014 | Oct 24, 2021 | Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2016
- F2On 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