0001104659-23-018678.txt : 20230210 0001104659-23-018678.hdr.sgml : 20230210 20230210172126 ACCESSION NUMBER: 0001104659-23-018678 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230201 FILED AS OF DATE: 20230210 DATE AS OF CHANGE: 20230210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cassell Matthew C. CENTRAL INDEX KEY: 0001965041 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38595 FILM NUMBER: 23613513 MAIL ADDRESS: STREET 1: 1900 16TH STREET STREET 2: SUITE 1200 CITY: DENVER STATE: CO ZIP: 80202 FORMER NAME: FORMER CONFORMED NAME: Cassel Matthew C. DATE OF NAME CHANGE: 20230207 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: First Western Financial Inc CENTRAL INDEX KEY: 0001327607 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 371442266 STATE OF INCORPORATION: CO BUSINESS ADDRESS: STREET 1: 1900 SIXTEENTH ST, #1200 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-531-8100 MAIL ADDRESS: STREET 1: 1900 SIXTEENTH ST, #1200 CITY: DENVER STATE: CO ZIP: 80202 3 1 tm236348-1_3seq1.xml OWNERSHIP DOCUMENT X0206 3 2023-02-01 0 0001327607 First Western Financial Inc MYFW 0001965041 Cassell Matthew C. 1900 16TH STREET SUITE 1200 DENVER CO 80202 0 1 0 0 Chief Banking Officer Common Stock 16001 D Includes (i) 4,971 shares of common stock; (ii) 10,490 restricted stock units that vest in five substantially equal installments on each anniversary of the August 3, 2020 grant date subject to the continued service of the reporting person; and (iii) 540 restricted stock units that vest in five year substantially equal installments on each anniversary of the May 2, 2022 grant date subject to the continued service of the reporting person. Exhibit 24 - Power of Attorney /s/ Julie A. Courkamp, Attorney-in-Fact 2023-02-10 EX-24 2 tm236348d1_ex24.htm EXHIBIT 24

Exhibit 24

Power of Attorney

Know all by these presents, that the undersigned hereby constitutes and appoints each of Scott C. Wylie and Julie A. Courkamp, signing singly, the undersigned’s true and lawful attorney- in-fact to:

(1)

prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations thereunder;

(2)

execute for and on behalf of the undersigned Forms 3, 4 and 5 (including amendments thereto) in accordance with Section 16(a) of the Exchange, and the rules and regulations thereunder;

(3)

do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto, file that Form with the SEC and any stock exchange or similar authority, and provide a copy as required by law or advisable to such persons as the attorney-in-fact deems appropriate; and

(4)

take any other action of any type whatsoever in connection with the foregoing that, in the opinion of the attorney-in-fact, may be of benefit to, in the best interest of, or legally required of the undersigned, it being understood that the documents executed by the attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney will be in such form and will contain such terms and conditions as the attorney-in-fact may approve in the attorney-in-fact’s discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that the attorney-in-fact, or the attorney-in-fact’s substitute or substitutes, will lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, and their substitutes, in serving in such capacity at the request of the undersigned, are not assuming, nor is First Western Financial, Inc., any of the undersigned’s responsibilities to comply with Section 16 of the Exchange Act.

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The undersigned agrees that each such attorney-in-fact may rely entirely on information furnished orally or in writing by or at the direction of the undersigned to the attorney-in-fact. The undersigned also agrees to indemnify and hold harmless First Western Financial, Inc. and each such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of or are based upon any untrue statements or omissions of necessary facts in the information provided by or at the direction of the undersigned, or upon the lack of timeliness in the delivery of information by or at the direction of the undersigned, to that attorney-in-fact for purposes of executing, acknowledging, delivering or filing any Form 3, 4 or 5 (including any amendment thereto) and agrees to reimburse First Western Financial, Inc. and the attorney-in-fact on demand for any legal or other expenses reasonably incurred in connection with investigating or defending against any such loss, claim, damage, liability or action.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by First Western Financial, Inc., unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

[Signature Page Follows]

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IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the date written below.

	/s/ Matthew C. Cassell
	Signature

	Matthew C. Cassell
	Print Name

	January 30, 2023
	Date

[Signature Page to Power of Attorney for Section 16 Reporting Obligations]