| | | | | 1 | | | |
| | | | | 2 | | | |
| | | | | 10 | | | |
| | | | | 14 | | | |
| | | | | 19 | | | |
| | | | | 21 | | | |
| | | | | 22 | | | |
| | | | | 25 | | | |
| | | | | 26 | | | |
| | | | | 29 | | | |
| | | | | 31 | | | |
| | | | | 33 | | | |
| | | | | 34 | | | |
| | | | | 35 | | | |
| | | | | 45 | | | |
| | | | | 46 | | | |
| | | | | 63 | | | |
| | | | | A-1 | | |
|
Board Diversity Matrix (as of April 25, 2023)
|
| ||||||||||||
|
Total Number of Directors
|
| |
10
|
| |||||||||
| | | |
Female
|
| |
Male
|
| ||||||
| Part I: Gender Identity | | | | | | | | | | | | | |
|
Directors
|
| | | | 2 | | | | | | 8 | | |
| Part II: Demographic Background | | | | | | | | | | | | | |
|
Hispanic or Latinx
|
| | | | — | | | | | | 1 | | |
|
White
|
| | | | 2 | | | | | | 6 | | |
|
Did Not Disclose Demographic Background
|
| | | | — | | | | | | 1 | | |
| | |
As of April 25, 2023(1)
|
| |||||||||
Name and Title
|
| |
Number of
Shares Beneficially Owned |
| |
Percent of
Class |
| ||||||
FMR LLC
|
| | | | 5,069,221(2) | | | | | | 9.0% | | |
BlackRock Inc.
|
| | | | 4,457,965(3) | | | | | | 7.9% | | |
GMT Capital Corp.
|
| | | | 3,368,494(4) | | | | | | 6.0% | | |
Ulrich E. Keller, Jr., Executive Chairman of FFI and FFA
|
| | | | 2,222,181(5) | | | | | | 3.9% | | |
Scott F. Kavanaugh, Chief Executive Officer of FFI and FFB, | | | | | | | | | | | | | |
Vice Chairman of FFI, President and Chairman of FFB
|
| | | | 1,386,285(6) | | | | | | 2.5% | | |
Max A. Briggs, Director
|
| | | | 50,582(7) | | | | | | * | | |
John A. Hakopian, Director and President of FFA
|
| | | | 656,366 | | | | | | 1.2% | | |
David G. Lake, Director
|
| | | | 148,584 | | | | | | * | | |
Elizabeth A. Pagliarini, Director
|
| | | | 19,768(8) | | | | | | * | | |
Mitchell M. Rosenberg, Director
|
| | | | 61,329 | | | | | | * | | |
Diane M. Rubin, CPA. Director
|
| | | | 14,111 | | | | | | * | | |
Jacob P. Sonenshine, Director
|
| | | | 82,161 | | | | | | * | | |
Gabriel V. Vazquez, Director(9)
|
| | | | — | | | | | | * | | |
Amy Djou, Interim Chief Financial Officer of FFI and FFB, | | | | | | | | | | | | | |
Executive Vice President and Chief Accounting Officer of FFB
|
| | | | 333 | | | | | | * | | |
Christopher Naghibi, Executive Vice President and Chief Operating Officer of FFB
|
| | | | 6,413 | | | | | | * | | |
David S. DePillo, Former President(10)
|
| | | | — | | | | | | * | | |
Kevin L. Thompson, Former CFO(10)
|
| | | | 3,000 | | | | | | * | | |
Lindsay Lawrence, Former COO of FFB(10)
|
| | | | 36,901 | | | | | | * | | |
All Directors and executive officers as a Group (13 persons)
|
| | | | 4,659,708 | | | | | | 8.26% | | |
| | |
Age
|
| |
Director
Since |
| |
Positions with FFI
|
|
Ulrich E. Keller, Jr., CFP | | |
66
|
| |
2007
|
| |
Executive Chairman and Director
|
|
Scott F. Kavanaugh | | |
62
|
| |
2007
|
| |
Chief Executive Officer, Vice Chairman and Director
|
|
Max A. Briggs, CFP | | |
57
|
| |
2012
|
| |
Director
|
|
John A. Hakopian | | |
54
|
| |
2007
|
| |
Director, President of FFA
|
|
David G. Lake | | |
57
|
| |
2018
|
| |
Director
|
|
Elizabeth A. Pagliarini | | |
53
|
| |
2019
|
| |
Director
|
|
Mitchell M. Rosenberg, Ph.D. | | |
69
|
| |
2007
|
| |
Director
|
|
Diane M. Rubin, CPA | | |
71
|
| |
2019
|
| |
Director
|
|
Jacob P. Sonenshine, J.D., CFA | | |
52
|
| |
2007
|
| |
Director
|
|
Gabriel V. Vazquez | | |
45
|
| |
2023
|
| |
Director
|
|
| | |
Director Compensation
|
| |||||||||||||||
| | |
Fees Earned or Paid
in Cash |
| |
Stock Awards(1)
|
| |
Total
|
| |||||||||
Max A. Briggs
|
| | | $ | 80,000 | | | | | $ | 80,000 | | | | | $ | 160,000 | | |
Diane M. Rubin
|
| | | | 80,000 | | | | | | 80,000 | | | | | | 160,000 | | |
David G. Lake
|
| | | | 70,000 | | | | | | 70,000 | | | | | | 140,000 | | |
Elizabeth A. Pagliarini
|
| | | | 70,000 | | | | | | 70,000 | | | | | | 140,000 | | |
Mitchell M. Rosenberg
|
| | | | 70,000 | | | | | | 70,000 | | | | | | 140,000 | | |
Jacob P. Sonenshine
|
| | | | 70,000 | | | | | | 70,000 | | | | | | 140,000 | | |
Gary Tice(2)
|
| | | | 70,000 | | | | | | 70,000 | | | | | | 140,000 | | |
| | |
2022
|
| |
2021
|
| ||||||
Audit fees
|
| | | $ | 825,000 | | | | | $ | 605,000 | | |
Audit related fees
|
| | | | — | | | | | | — | | |
Tax fees
|
| | | | — | | | | | | — | | |
All other fees
|
| | | | 72,500 | | | | | | 118,500 | | |
Total
|
| | | $ | 897,500 | | | | | $ | 723,500 | | |
(dollars in 000’s, except share amounts)
|
| |
2022
|
| |
2021
|
| ||||||
Shareholders’ equity
|
| | | $ | 1,134,378 | | | | | $ | 1,064,051 | | |
Less: goodwill and intangible assets
|
| | | | 221,835 | | | | | | 222,125 | | |
Tangible common equity
|
| | | $ | 912,543 | | | | | $ | 841,926 | | |
Book value per share
|
| | | $ | 20.14 | | | | | $ | 18.86 | | |
Tangible book value per share
|
| | | $ | 16.20 | | | | | $ | 14.92 | | |
Basic common shares outstanding
|
| | | | 56,325,242 | | | | | | 56,432,070 | | |
(dollars in 000’s)
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||
Income before taxes
|
| | | $ | 149,803 | | | | | $ | 151,785 | | | | | $ | 118,767 | | |
Net income
|
| | | $ | 110,512 | | | | | $ | 109,511 | | | | | $ | 84,369 | | |
Earnings per fully diluted share
|
| | | $ | 1.96 | | | | | $ | 2.41 | | | | | $ | 1.88 | | |
Non-performing assets to total assets
|
| | | | 0.13% | | | | | | 0.14% | | | | | | 0.30% | | |
Loans, including loans held for sale
|
| | | $ | 10,726,193 | | | | | $ | 7,408,164 | | | | | $ | 5,309,203 | | |
Deposits
|
| | | $ | 10,362,612 | | | | | $ | 8,811,960 | | | | | $ | 5,913,433 | | |
Return on average tangible common equity(1)
|
| | | | 13.0% | | | | | | 16.9% | | | | | | 15.5% | | |
Tangible book value per share(2)
|
| | | $ | 16.20 | | | | | $ | 14.92 | | | | | $ | 13.44 | | |
| | |
For the Year Ended
December 31, |
| |||||||||||||||
(in thousands, except percentages)
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||
Average shareholders’ equity
|
| | | $ | 1,100,684 | | | | | $ | 759,101 | | | | | $ | 649,031 | | |
Less: Average goodwill and intangible assets
|
| | | | 222,393 | | | | | | 104,355 | | | | | | 96,209 | | |
Average tangible common equity
|
| | | $ | 878,291 | | | | | $ | 654,746 | | | | | $ | 552,822 | | |
Net Income
|
| | | $ | 110,512 | | | | | $ | 109,511 | | | | | $ | 84,369 | | |
Adjustments: | | | | | | | | | | | | | | | | | | | |
Plus: Amortization of intangible assets expense
|
| | | | 1,914 | | | | | | 1,579 | | | | | | 1,895 | | |
Plus: Valuation loss on equity investment
|
| | | | 6,250 | | | | | | — | | | | | | — | | |
Less: Incentive compensation reversal
|
| | | | (4,150) | | | | | | — | | | | | | — | | |
Less: Merger related costs
|
| | | | (36) | | | | | | — | | | | | | — | | |
Plus: Professional service costs
|
| | | | 971 | | | | | | — | | | | | | — | | |
Total Adjustments
|
| | | | 4,949 | | | | | | 1,579 | | | | | | 1,895 | | |
Less: Tax impact of adjustments above
|
| | | | (1,400) | | | | | | (458) | | | | | | (549) | | |
Total adjustments to net income
|
| | | | 3,549 | | | | | | 1,121 | | | | | | 1,346 | | |
Adjusted net income available to common shareholders
|
| | | $ | 114,061 | | | | | $ | 110,632 | | | | | $ | 85,715 | | |
Tax rate utilized for calculating tax effect on adjustments to net income
|
| | | | 28.0% | | | | | | 29.0% | | | | | | 29.0% | | |
Return on average tangible common equity
|
| | | | 13.0% | | | | | | 16.9% | | | | | | 15.5% | | |
| | |
Period Ending
|
| |||||||||||||||||||||||||||
| | |
12/31/2018
|
| |
12/31/2019
|
| |
12/31/2020
|
| |
12/31/2021
|
| |
12/31/2022
|
| |||||||||||||||
First Foundation Inc. (FFWM)
|
| | | | 100.00 | | | | | | 135.30 | | | | | | 154.82 | | | | | | 193.31 | | | | | | 111.43 | | |
Russell 2000 Index
|
| | | | 100.00 | | | | | | 123.72 | | | | | | 146.44 | | | | | | 166.50 | | | | | | 130.60 | | |
Russell 3000 Index
|
| | | | 100.00 | | | | | | 128.54 | | | | | | 152.01 | | | | | | 189.39 | | | | | | 150.61 | | |
KBW Nasdaq Regional Bank Index
|
| | | | 100.00 | | | | | | 120.37 | | | | | | 105.81 | | | | | | 140.94 | | | | | | 127.61 | | |
($ in 000’s)
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||
Income before taxes: | | | | | | | | | | | | | | | | | | | |
Budget
|
| | | $ | 164,877 | | | | | $ | 114,322 | | | | | $ | 91,427 | | |
Actual
|
| | | | 149,803 | | | | | | 151,785 | | | | | | 118,767 | | |
Ratio of NPAs to total assets: | | | | | | | | | | | | | | | | | | | |
Goal
|
| | | | 0.50% | | | | | | 0.50% | | | | | | 0.50% | | |
Actual
|
| | | | 0.13% | | | | | | 0.14% | | | | | | 0.30% | | |
Name and principal position
|
| |
Year
|
| |
Salary
($)(1) |
| |
Bonus
($)(2) |
| |
Stock
awards ($)(3)(4)(5)(6) |
| |
Nonequity
incentive plan compensation ($)(3) |
| |
All other
compensation ($)(7)(8) |
| |
Total
($) |
| |||||||||||||||||||||
Scott F. Kavanaugh, Chief Executive Officer of
FFI and FFB, Vice Chairman of FFI, President and Chairman of FFB |
| | | | 2022 | | | | | | 950,000 | | | | | | — | | | | | | 510,000 | | | | | | 1,189,550 | | | | | | 35,000 | | | | | | 2,684,550 | | |
| | | 2021 | | | | | | 950,000 | | | | | | — | | | | | | 435,000 | | | | | | 1,015,000 | | | | | | 39,000 | | | | | | 2,439,000 | | | ||
| | | 2020 | | | | | | 850,000 | | | | | | — | | | | | | 363,000 | | | | | | 947,000 | | | | | | 41,000 | | | | | | 2,201,000 | | | ||
Amy Djou, Interim Chief Financial Officer of FFI and FFB, Executive Vice President and Chief Accounting Officer of FFB(9)
|
| | | | 2022 | | | | | | 245,095 | | | | | | 102,643 | | | | | | 13,700 | | | | | | — | | | | | | 20,000 | | | | | | 381,438 | | |
Ulrich E. Keller, Executive Chairman of FFI and FFA
|
| | | | 2022 | | | | | | 600,000 | | | | | | — | | | | | | 38,000 | | | | | | 349,600 | | | | | | 33,000 | | | | | | 1,020,600 | | |
| | | 2021 | | | | | | 600,000 | | | | | | — | | | | | | 35,000 | | | | | | 315,000 | | | | | | 31,000 | | | | | | 981,000 | | | ||
| | | 2020 | | | | | | 575,000 | | | | | | — | | | | | | 34,000 | | | | | | 351,000 | | | | | | 34,000 | | | | | | 994,000 | | | ||
John A. Hakopian, President of FFA(9) | | | | | 2022 | | | | | | 475,000 | | | | | | — | | | | | | 29,000 | | | | | | 260,750 | | | | | | 34,000 | | | | | | 798,750 | | |
Christopher Naghibi, Executive Vice President and Chief Operating Officer of FFB(9)
|
| | | | 2022 | | | | | | 390,455 | | | | | | — | | | | | | 62,000 | | | | | | 356,545 | | | | | | 37,000 | | | | | | 846,000 | | |
David DePillo, former President of FFI and FFB(10)
|
| | | | 2022 | | | | | | 715,384 | | | | | | — | | | | | | — | | | | | | — | | | | | | 826,000 | | | | | | 1,541,384 | | |
| | | 2021 | | | | | | 800,000 | | | | | | — | | | | | | 277,000 | | | | | | 648,000 | | | | | | 33,000 | | | | | | 1,758,000 | | | ||
| | | 2020 | | | | | | 700,000 | | | | | | — | | | | | | 228,000 | | | | | | 608,000 | | | | | | 35,000 | | | | | | 1,571,000 | | | ||
Kevin Thompson, former Chief Financial Officer of FFI, FFB and FFA, former Interim President of the Company and FFB
|
| | | | 2022 | | | | | | 399,244 | | | | | | — | | | | | | — | | | | | | — | | | | | | 32,000 | | | | | | 431,244 | | |
| | | 2021 | | | | | | 425,000 | | | | | | — | | | | | | 97,000 | | | | | | 228,000 | | | | | | 34,000 | | | | | | 784,000 | | | ||
| | | 2020 | | | | | | 211,300 | | | | | | — | | | | | | 100,400 | | | | | | 145,000 | | | | | | 18,000 | | | | | | 474,700 | | | ||
Lindsay Lawrence, former Chief Operating Officer of FFB(11)
|
| | | | 2022 | | | | | | 405,731 | | | | | | — | | | | | | — | | | | | | — | | | | | | 449,000 | | | | | | 854,731 | | |
| | | 2021 | | | | | | 420,000 | | | | | | — | | | | | | 139,000 | | | | | | 326,000 | | | | | | 34,000 | | | | | | 919,000 | | | ||
| | | 2020 | | | | | | 400,000 | | | | | | — | | | | | | 137,000 | | | | | | 370,000 | | | | | | 18,000 | | | | | | 925,000 | | |
| | | Summary Compensation Table Total for PEO(1) (b) | | | Compensation Actually Paid to PEO ($)(2)(3) (c) | | | Average Summary Compensation Table Total for Non-PEO NEOs ($)(1) (d) | | | Average Compensation Actually Paid to Non-PEO NEOs ($)(2)(3) (e) | | | Value of Initial Fixed $100 Investment Based On:(4) | | | Net Income ($ in thousands) (h) | | | Tangible Book Value (i) | | |||||||||||||||||||||||||||
Year (a) | | | TSR (S) (f) | | | Peer Group TSR ($) (g) | | ||||||||||||||||||||||||||||||||||||||||||
2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2022
|
| |
2021
|
| |
2020
|
|
Ulrich E. Keller, Jr. | | | Ulrich E. Keller, Jr. | | | Ulrich E. Keller, Jr. | |
David DePillo | | | David DePillo | | | David DePillo | |
Kevin Thompson | | | Kevin Thompson | | | John Michel | |
Lindsay Lawrence | | | Lindsay Lawrence | | | Kevin Thompson | |
Amy Djou | | | | | | Lindsay Lawrence | |
Chris Naghibi | | | | | | | |
John A. Hakopian | | | | | | | |
Year | | | Summary Compensation Table Total for PEO ($) | | | Exclusion of Stock Awards for PEO ($) | | | Inclusion of Equity Values for PEO ($) | | | Compensation Actually Paid to PEO ($) | | ||||||||||||
2022 | | | | | | | | | | ( | | | | | | | | | | | | | |||
2021 | | | | | | | | | | ( | | | | | | | | | | | | | |||
2020 | | | | | | | | | | ( | | | | | | | | | | | | |
Year | | | Average Summary Compensation Table Total for Non-PEO NEOs ($) | | | Average Exclusion of Stock Awards for Non- PEO NEOs ($) | | | Average Inclusion of Equity Values for Non- PEO NEOs ($) | | | Average Compensation Actually Paid to Non-PEO NEOs ($) | | ||||||||||||
2022 | | | | | | | | | | ( | | | | | | | | | | | | | |||
2021 | | | | | | | | | | ( | | | | | | | | | | | | | |||
2020 | | | | | | | | | | ( | | | | | | | | | | | | |
Year | | | Year-End Fair Value of Equity Awards Granted During the Year That Remained Unvested as of Last Day of Year for PEO ($) | | | Change in Fair Value from Last Day of Year of Unvested EquityAwards Granted in Prior years for PEO ($) | | | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO ($) | | | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards Granted in Prior Years that Vested During Year for PEO ($) | | | Fair Value at Last Day of Prior Year of Equity Awards Granted in Prior Years that Forfeited During Year for PEO ($) | | | Value of Dividends or Other Earning Pai d on Equity Awards Not Otherwise Included for PEO ($) | | | Total – Inclusion of Equity values for PEO ($) | | |||||||||||||||||||||
2022 | | | | | | | | | | ( | | | | | | | | | | | | | | | | — | | | | | | — | | | | | | | | ||||
2021 | | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | — | | | | | | | | |||||
2020 | | | | | | | | | | | | | | | | | | | | ( | | | | | | — | | | | | | — | | | | | | | |
Year | | | Average Year-End Fair Value of Equity Awards Granted During the Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs ($) | | | Average Change in Fair Value from Last Day of Year of Unvested Equity Awards Granted in Prior years for Non-PEO NEOs ($) | | | Average Vesting- Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs ($) | | | Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards Granted in Prior Years that Vested During Year for Non-PEO NEOs ($ ) | | | Average Fair Value at Last Day of Prior Year of Equity Awards Granted in Prior Years that Forfeited During Year for Non- PEO NEOs ($) | | | Average Value of Dividends or other Earning Paid on Equity Awards Not otherwise Included for Non- PEO NEOs ($) | | | Total – Average Inclusion of Equity Values for Non-PEO NEOs ($) | | |||||||||||||||||||||
2022 | | | | | | | | | | ( | | | | | | | | | | | | | | | | ( | | | | | | — | | | | | | | | ||||
2021 | | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | — | | | | | | | | |||||
2020 | | | | | | | | | | | | | | | | | | | | ( | | | | | | ( | | | | | | — | | | | | | | |
| | |
Base Salary ($)
|
| |
Bonus ($)
|
| |
Acceleration of
Unvested Stock Awards(1) ($) |
| |
Continuation
of Medical Benefits(2) ($) |
| |
Total
Termination Benefits ($) |
| |||||||||||||||
Scott F. Kavanaugh
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 950,000 | | | | | | — | | | | | | — | | | | | | 25,400 | | | | | | 975,400 | | | ||
| | | 1,900,000 | | | | | | 3,399,100 | | | | | | 232,000 | | | | | | 50,800 | | | | | | 5,581,900 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 700,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 700,000 | | |
| | |
Base Salary ($)
|
| |
Bonus ($)
|
| |
Acceleration of
Unvested Stock Awards(1) ($) |
| |
Continuation
of Medical Benefits(2) ($) |
| |
Total
Termination Benefits ($) |
| |||||||||||||||
Amy Djou
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 350,000 | | | | | | — | | | | | | — | | | | | | 18,100 | | | | | | 368,100 | | | ||
| | | 350,000 | | | | | | 140,000 | | | | | | 9,600 | | | | | | 18,100 | | | | | | 517,700 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 100,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 100,000 | | | ||
Ulrich E. Keller, Jr.
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 600,000 | | | | | | — | | | | | | — | | | | | | 35,200 | | | | | | 635,200 | | | ||
| | | 1,200,000 | | | | | | 775,200 | | | | | | 19,700 | | | | | | 70,400 | | | | | | 2,065,300 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 350,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 350,000 | | | ||
John A. Hakopian
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 475,000 | | | | | | — | | | | | | — | | | | | | 24,300 | | | | | | 499,300 | | | ||
| | | 950,000 | | | | | | 579,500 | | | | | | 13,600 | | | | | | 48,600 | | | | | | 1,591,700 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 225,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | 225,000 | | | ||
Christopher Naghibi
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 390,500 | | | | | | — | | | | | | — | | | | | | 35,200 | | | | | | 425,700 | | | ||
| | | 780,900 | | | | | | 837,100 | | | | | | 28,500 | | | | | | 70,300 | | | | | | 1,716,800 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 140,500 | | | | | | — | | | | | | — | | | | | | — | | | | | | 140,500 | | | ||
David DePillo(5)
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 715,400 | | | | | | — | | | | | | — | | | | | | 22,800 | | | | | | 738,200 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 1,430,800 | | | | | | — | | | | | | — | | | | | | 45,700 | | | | | | 1,476,500 | | | ||
| | | 465,400 | | | | | | — | | | | | | — | | | | | | — | | | | | | 465,400 | | | ||
Kevin Thompson(5)
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 399,200 | | | | | | — | | | | | | — | | | | | | 22,100 | | | | | | 421,300 | | | ||
| | | 798,500 | | | | | | — | | | | | | — | | | | | | 44,300 | | | | | | 842,800 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 149,200 | | | | | | — | | | | | | — | | | | | | — | | | | | | 149,200 | | |
| | |
Base Salary ($)
|
| |
Bonus ($)
|
| |
Acceleration of
Unvested Stock Awards(1) ($) |
| |
Continuation
of Medical Benefits(2) ($) |
| |
Total
Termination Benefits ($) |
| |||||||||||||||
Lindsay Lawrence(5)
Voluntary termination Involuntary termination(3) Termination without Cause or for Good Reason after CIC(3) Disability Death(3)(4) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 405,700 | | | | | | — | | | | | | — | | | | | | 24,300 | | | | | | 430,000 | | | ||
| | | 811,500 | | | | | | — | | | | | | — | | | | | | 48,600 | | | | | | 860,100 | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 155,700 | | | | | | — | | | | | | — | | | | | | — | | | | | | 155,700 | | |
Name
|
| |
Grant Date
|
| |
Estimated future payouts under
non-equity incentive plan awards(1) |
| |
Estimated future payouts under equity
incentive plan awards(2) |
| |
All other
stock awards: Number of shares of stock or units (#) |
| |
Grant
date fair value of stock and option awards ($) |
| |||||||||||||||||||||||||||
|
Threshold ($)
|
| |
Target ($)
|
| |
Threshold ($)
|
| |
Target ($)
|
| ||||||||||||||||||||||||||||||||
Scott F. Kavanaugh
|
| | | | 2/28/2023 | | | | | | 595,000 | | | | | | 1,190,000 | | | | | | 255,000 | | | | | | 510,000 | | | | | | — | | | | | | 510,000 | | |
Amy Djou(3)
|
| | | | 11/29/2022 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,000 | | | | | | 13,700 | | |
Ulrich E. Keller, Jr.
|
| | | | 2/28/2023 | | | | | | 174,500 | | | | | | 349,000 | | | | | | 19,000 | | | | | | 38,000 | | | | | | — | | | | | | 38,000 | | |
John A. Hakopian
|
| | | | 2/28/2023 | | | | | | 130,375 | | | | | | 260,750 | | | | | | 14,500 | | | | | | 29,000 | | | | | | — | | | | | | 29,000 | | |
Christopher Naghibi
|
| | | | 2/28/2023 | | | | | | 178,272.50 | | | | | | 356,545 | | | | | | 31,000 | | | | | | 62,000 | | | | | | — | | | | | | 62,000 | | |
| | |
Stock Awards
|
| |||||||||||||||||||||
Name / Grant Date
|
| |
Number of
shares or units of stock that have not vested (#) |
| |
Market value of
shares or units of stock that have not vested ($) |
| |
Equity incentive plan
awards: number of unearned shares, units or other rights that have not vested (#) |
| |
Equity incentive plan
awards: market or payout value of unearned shares, units or other rights that have not vested ($)(1) |
| ||||||||||||
Scott F. Kavanaugh | | | | | | | | | | | | | | | | | | | | | | | | | |
2/22/2022
|
| | | | 11,002 | | | | | | 157,700 | | | | | | — | | | | | | — | | |
2/23/2021
|
| | | | 5,183 | | | | | | 74,300 | | | | | | — | | | | | | — | | |
Amy Djou | | | | | | ||||||||||||||||||||
11/29/2022
|
| | | | 667 | | | | | | 9,600 | | | | | | — | | | | | | — | | |
Ulrich E. Keller, Jr. | | | | | | | | | | | | | | | | | | | | | | | | | |
2/22/2022
|
| | | | 886 | | | | | | 12,700 | | | | | | — | | | | | | — | | |
2/23/2021
|
| | | | 486 | | | | | | 7,000 | | | | | | — | | | | | | — | | |
John A. Hakopian | | | | | | | | | | | | | | | | | | | | | | | | | |
2/22/2022
|
| | | | 608 | | | | | | 8,700 | | | | | | — | | | | | | — | | |
2/23/2021
|
| | | | 343 | | | | | | 4,900 | | | | | | — | | | | | | — | | |
Christopher Naghibi | | | | | | | | | | | | | | | | | | | | | | | | | |
2/22/2022
|
| | | | 1,290 | | | | | | 18,500 | | | | | | — | | | | | | — | | |
2/23/2021
|
| | | | 700 | | | | | | 10,000 | | | | | | — | | | | | | — | | |
David DePillo(2)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Kevin Thompson(2)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Lindsay Lawrence(2)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||
| | |
Number of
Shares Acquired on Exercise(3) |
| |
Value Realized on
Exercise(1)(3) ($) |
| |
Number of
Shares Acquired on Vesting |
| |
Value Realized on
Vesting(2) ($) |
| ||||||||||||
Scott F. Kavanaugh
|
| | | | — | | | | | | — | | | | | | 17,735 | | | | | | 466,000 | | |
Amy Djou
|
| | | | — | | | | | | — | | | | | | 333 | | | | | | 4,600 | | |
Ulrich E. Keller, Jr.
|
| | | | — | | | | | | — | | | | | | 1,607 | | | | | | 42,200 | | |
John A. Hakopian
|
| | | | — | | | | | | — | | | | | | 1,128 | | | | | | 29,600 | | |
Christopher Naghibi
|
| | | | — | | | | | | — | | | | | | 2,265 | | | | | | 59,500 | | |
David DePillo(2)
|
| | | | — | | | | | | — | | | | | | 11,379 | | | | | | 299,100 | | |
Kevin Thompson(2)
|
| | | | — | | | | | | — | | | | | | 2,949 | | | | | | 73,000 | | |
Lindsay Lawrence(2)
|
| | | | — | | | | | | — | | | | | | 6,496 | | | | | | 170,700 | | |
| | |
Column (a)
|
| |
Column (b)
|
| |
Column (c)
|
| |||||||||
Plan Category
|
| |
Number of
Securities to be Issued upon Exercise of Outstanding Options, Warrants and Rights(2) |
| |
Weighted-
Average Exercise Price of Outstanding Options, Warrants and Rights(1) |
| |
Number of
Securities Remaining Available for Future Issuance under Equity Compensation Plans (Excluding Securities Reflected in Column (a))(2) |
| |||||||||
Equity compensation plans approved by stockholders
|
| | | | 45,050 | | | | | $ | 8.67 | | | | | | 704,791 | | |
Equity compensation plans not approved by stockholders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | 45,050 | | | | | $ | | | | | | 704,791 | | |
Name
|
| |
Present Principal Occupation
|
|
Max A. Briggs, CFP | | |
President and Chief Executive Officer, FLC Capital Advisors
44-750 Village Court, Palm Desert, CA 92260 |
|
John A. Hakopian | | |
Co-Founder and President, First Foundation Advisors
18101 Von Karman Ave., Suite 700, Irvine, CA 92612 |
|
Scott F. Kavanaugh | | |
Vice-Chairman and Chief Executive Officer, First Foundation Inc.
Chairman and Chief Executive Officer, First Foundation Bank |
|
Ulrich “Rick” E. Keller, Jr., CFP | | |
Co-Founder and Executive Chairman, First Foundation Inc.
Executive Chairman, First Foundation Advisors 18101 Von Karman Ave., Suite 700, Irvine, CA 92612 |
|
David G. Lake | | |
Co-Founder and Chief Executive Officer, 4EARTH Farms, Inc.
5555 E. Olympic Blvd., Commerce, CA 90022 |
|
Elizabeth A. Pagliarini | | |
Chief Financial Officer, Treasurer and Chief Operating Officer, Summit Healthcare REIT, Inc.
2382 Mill Creek Drive, Suite 125, Laguna Hills, CA 92653 |
|
Mitchell M. Rosenberg, Ph.D. | | |
President and Founder, M. M. Rosenberg & Associates
25811 Pecos Road, Laguna Hills, CA 92653 |
|
Diane M. Rubin, CPA | | | Director, First Foundation Inc. | |
Jacob P. Sonenshine, J.D., CFA | | |
President, Prell Restaurant Group
1675 Scenic Ave, Costa Mesa, CA 92626 |
|
Gabriel V. Vazquez | | |
Vice President and Associate General Counsel, Vistra Corp
6555 Sierra Dr., Irving, TX 75039 |
|
Name
|
| |
Present Principal Occupation
|
|
Amy Djou | | | Executive Vice President and Interim Chief Financial Officer, First Foundation Inc. and First Foundation Bank | |
Name
|
| |
Date
|
| |
Title of Security
|
| |
Number of
Shares |
| |
Transaction
|
|
Max A. Briggs, CFP | | |
5/18/2021
|
| |
Common Stock
|
| |
1,499
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Common Stock
|
| |
1,499
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Restricted Stock Unit
|
| |
(1,499)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
3,035
|
| |
Grant, Award or Other Acquisition
|
|
| | |
5/24/2022
|
| |
Common Stock
|
| |
1,517
|
| |
Exercise or Conversion
|
|
| | |
5/24/2022
|
| |
Restricted Stock Unit
|
| |
(1,517)
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
1,518
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(1,518)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Common Stock
|
| |
5,395
|
| |
Grant, Award or Other Acquisition
|
|
Amy Djou | | |
11/29/2022
|
| |
Common Stock
|
| |
333
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
1,000
|
| |
Grant, Award or Other Acquisition
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(333)
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
(3,172.37)
|
| |
Open Market Sale
|
|
John A. Hakopian | | |
6/8/2021
|
| |
Common Stock
|
| |
8,807
|
| |
Exercise or Conversion
|
|
| | |
6/8/2021
|
| |
Common Stock
|
| |
(8,807)
|
| |
Open Market Sale
|
|
| | |
6/8/2021
|
| |
Option (Right to Buy)
|
| |
(8,807)
|
| |
Exercise or Conversion
|
|
| | |
8/5/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
8/5/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
8/5/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
8/6/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
8/6/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
8/6/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
8/6/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
8/6/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
8/6/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/3/2021
|
| |
Common Stock
|
| |
2,000
|
| |
Exercise or Conversion
|
|
| | |
9/3/2021
|
| |
Common Stock
|
| |
(2,000)
|
| |
Open Market Sale
|
|
| | |
9/3/2021
|
| |
Option (Right to Buy)
|
| |
(2,000)
|
| |
Exercise or Conversion
|
|
| | |
9/7/2021
|
| |
Common Stock
|
| |
3,000
|
| |
Exercise or Conversion
|
|
| | |
9/7/2021
|
| |
Common Stock
|
| |
(3,000)
|
| |
Open Market Sale
|
|
| | |
9/7/2021
|
| |
Common Stock
|
| |
1,193
|
| |
Exercise or Conversion
|
|
| | |
9/7/2021
|
| |
Common Stock
|
| |
(1,193)
|
| |
Open Market Sale
|
|
| | |
9/7/2021
|
| |
Option (Right to Buy)
|
| |
(3,000)
|
| |
Exercise or Conversion
|
|
| | |
9/7/2021
|
| |
Option (Right to Buy)
|
| |
(1,193)
|
| |
Exercise or Conversion
|
|
| | |
9/10/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/10/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/10/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/13/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
Name
|
| |
Date
|
| |
Title of Security
|
| |
Number of
Shares |
| |
Transaction
|
|
| | |
9/13/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/13/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Common Stock
|
| |
303
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Common Stock
|
| |
(73)
|
| |
Payment of Tax Liability
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
911
|
| |
Grant, Award or Other Acquisition
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
(303)
|
| |
Exercise or Conversion
|
|
| | |
2/23/2022
|
| |
Common Stock
|
| |
343
|
| |
Exercise or Conversion
|
|
| | |
2/23/2022
|
| |
Common Stock
|
| |
(83)
|
| |
Payment of Tax Liability
|
|
| | |
2/23/2022
|
| |
Restricted Stock Unit
|
| |
(343)
|
| |
Exercise or Conversion
|
|
| | |
2/25/2022
|
| |
Common Stock
|
| |
482
|
| |
Exercise or Conversion
|
|
| | |
2/25/2022
|
| |
Common Stock
|
| |
(117)
|
| |
Payment of Tax Liability
|
|
| | |
2/25/2022
|
| |
Restricted Stock Unit
|
| |
(482)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Restricted Stock Unit
|
| |
1,956
|
| |
Grant, Award or Other Acquisition
|
|
| | |
2/22/2023
|
| |
Common Stock
|
| |
304
|
| |
Exercise or Conversion
|
|
| | |
2/22/2023
|
| |
Common Stock
|
| |
(74)
|
| |
Payment of Tax Liability
|
|
| | |
2/22/2023
|
| |
Restricted Stock Unit
|
| |
(304)
|
| |
Exercise or Conversion
|
|
| | |
2/23/2023
|
| |
Common Stock
|
| |
343
|
| |
Exercise or Conversion
|
|
| | |
2/23/2023
|
| |
Common Stock
|
| |
(83)
|
| |
Payment of Tax Liability
|
|
| | |
2/23/2023
|
| |
Restricted Stock Unit
|
| |
(343)
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
651
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
(158)
|
| |
Payment of Tax Liability
|
|
| | |
2/28/2023
|
| |
Restricted Stock Unit
|
| |
651
|
| |
Exercise or Conversion
|
|
| | |
3/13/2023
|
| |
Common Stock
|
| |
(100,000)
|
| |
Open Market Sale
|
|
| | |
3/14/2023
|
| |
Common Stock
|
| |
(56,143)
|
| |
Open Market Sale
|
|
| | |
3/15/2023
|
| |
Common Stock
|
| |
(29,857)
|
| |
Open Market Sale
|
|
Scott F. Kavanaugh | | |
8/6/2021
|
| |
Common Stock
|
| |
40,000
|
| |
Exercise or Conversion
|
|
| | |
8/6/2021
|
| |
Common Stock
|
| |
(40,000)
|
| |
Open Market Sale
|
|
| | |
8/6/2021
|
| |
Option (Right to Buy)
|
| |
(40,000)
|
| |
Exercise or Conversion
|
|
| | |
8/25/2021
|
| |
Common Stock
|
| |
4,203
|
| |
Exercise or Conversion
|
|
| | |
8/25/2021
|
| |
Common Stock
|
| |
(4,203)
|
| |
Open Market Sale
|
|
| | |
8/25/2021
|
| |
Option (Right to Buy)
|
| |
(4,203)
|
| |
Exercise or Conversion
|
|
| | |
10/8/2021
|
| |
Common Stock
|
| |
115,797
|
| |
Exercise or Conversion
|
|
| | |
10/8/2021
|
| |
Option (Right to Buy)
|
| |
(115,797)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Common Stock
|
| |
5,501
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Common Stock
|
| |
(2,164)
|
| |
Payment of Tax Liability
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
16,503
|
| |
Grant, Award or Other Liability
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
(5,501)
|
| |
Exercise or Conversion
|
|
| | |
2/23/2022
|
| |
Common Stock
|
| |
5,182
|
| |
Exercise or Conversion
|
|
| | |
2/23/2022
|
| |
Common Stock
|
| |
(2,039)
|
| |
Payment of Tax Liability
|
|
| | |
2/23/2022
|
| |
Restricted Stock Unit
|
| |
(5,182)
|
| |
Exercise or Conversion
|
|
| | |
2/25/2022
|
| |
Common Stock
|
| |
7,052
|
| |
Exercise or Conversion
|
|
| | |
2/25/2022
|
| |
Common Stock
|
| |
(2,774)
|
| |
Payment of Tax Liability
|
|
| | |
2/25/2022
|
| |
Restricted Stock Unit
|
| |
(7,052)
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
7,200
|
| |
Open Market Purchase
|
|
Name
|
| |
Date
|
| |
Title of Security
|
| |
Number of
Shares |
| |
Transaction
|
|
| | |
1/10/2023
|
| |
Restricted Stock Unit
|
| |
34,390
|
| |
Grant, Award or Other Acquisition
|
|
| | |
2/22/2023
|
| |
Common Stock
|
| |
5,501
|
| |
Exercise or Conversion
|
|
| | |
2/22/2023
|
| |
Common Stock
|
| |
(2,164)
|
| |
Payment of Tax Liability
|
|
| | |
2/22/2023
|
| |
Restricted Stock Unit
|
| |
(5,501)
|
| |
Exercise or Conversion
|
|
| | |
2/23/2023
|
| |
Common Stock
|
| |
5,183
|
| |
Exercise or Conversion
|
|
| | |
2/23/2023
|
| |
Common Stock
|
| |
(2,039)
|
| |
Payment of Tax Liability
|
|
| | |
2/23/2023
|
| |
Restricted Stock Unit
|
| |
(5,183)
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
11,462
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
(4,510)
|
| |
Payment of Tax Liability
|
|
| | |
2/28/2023
|
| |
Restricted Stock Unit
|
| |
(11,462)
|
| |
Exercise or Conversion
|
|
| | |
3/14/2023
|
| |
Common Stock
|
| |
2,000
|
| |
Open Market Purchase
|
|
Ulrich E. Keller, Jr., CFP | | |
6/11/2021
|
| |
Common Stock
|
| |
1,100
|
| |
Exercise or Conversion
|
|
| | |
6/11/2021
|
| |
Common Stock
|
| |
(1,100)
|
| |
Open Market Sale
|
|
| | |
6/11/2021
|
| |
Common Stock
|
| |
8,900
|
| |
Exercise or Conversion
|
|
| | |
6/11/2021
|
| |
Common Stock
|
| |
(8,900)
|
| |
Open Market Sale
|
|
| | |
6/11/2021
|
| |
Option (Right to Buy)
|
| |
(1,100)
|
| |
Exercise or Conversion
|
|
| | |
6/11/2021
|
| |
Option (Right to Buy)
|
| |
(8,900)
|
| |
Exercise or Conversion
|
|
| | |
6/14/2021
|
| |
Common Stock
|
| |
3,240
|
| |
Exercise or Conversion
|
|
| | |
6/14/2021
|
| |
Common Stock
|
| |
(3,240)
|
| |
Open Market Sale
|
|
| | |
6/14/2021
|
| |
Option (Right to Buy)
|
| |
(3,240)
|
| |
Exercise or Conversion
|
|
| | |
6/15/2021
|
| |
Common Stock
|
| |
6,760
|
| |
Exercise or Conversion
|
|
| | |
6/15/2021
|
| |
Common Stock
|
| |
(6,760)
|
| |
Open Market Sale
|
|
| | |
6/15/2021
|
| |
Option (Right to Buy)
|
| |
(6,760)
|
| |
Exercise or Conversion
|
|
| | |
8/11/2021
|
| |
Common Stock
|
| |
10,000
|
| |
Exercise or Conversion
|
|
| | |
8/11/2021
|
| |
Common Stock
|
| |
(10,000)
|
| |
Open Market Sale
|
|
| | |
8/11/2021
|
| |
Option (Right to Buy)
|
| |
(10,000)
|
| |
Exercise or Conversion
|
|
| | |
8/27/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
8/27/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
8/27/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
8/30/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
8/30/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
8/30/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
8/31/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
8/31/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
8/31/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/1/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/1/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/1/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/2/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/2/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/2/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/3/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/3/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/3/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
Name
|
| |
Date
|
| |
Title of Security
|
| |
Number of
Shares |
| |
Transaction
|
|
| | |
9/7/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/7/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/7/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/8/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/8/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/8/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/9/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/9/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/9/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
9/10/2021
|
| |
Common Stock
|
| |
5,000
|
| |
Exercise or Conversion
|
|
| | |
9/10/2021
|
| |
Common Stock
|
| |
(5,000)
|
| |
Open Market Sale
|
|
| | |
9/10/2021
|
| |
Option (Right to Buy)
|
| |
(5,000)
|
| |
Exercise or Conversion
|
|
| | |
2/11/2022
|
| |
Common Stock
|
| |
(3,000)
|
| |
Bona Fide Gift
|
|
| | |
2/22/2022
|
| |
Common Stock
|
| |
442
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Common Stock
|
| |
(152)
|
| |
Payment of Tax Liability
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
1,328
|
| |
Grant, Award or Other Acquisition
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
(442)
|
| |
Exercise or Conversion
|
|
| | |
2/23/2022
|
| |
Common Stock
|
| |
486
|
| |
Exercise or Conversion
|
|
| | |
2/23/2022
|
| |
Common Stock
|
| |
(168)
|
| |
Payment of Tax Liability
|
|
| | |
2/23/2022
|
| |
Restricted Stock Unit
|
| |
(486)
|
| |
Exercise or Conversion
|
|
| | |
2/25/2022
|
| |
Common Stock
|
| |
679
|
| |
Exercise or Conversion
|
|
| | |
2/25/2022
|
| |
Common Stock
|
| |
(234)
|
| |
Payment of Tax Liability
|
|
| | |
2/25/2022
|
| |
Restricted Stock Unit
|
| |
(679)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Restricted Stock Unit
|
| |
2,563
|
| |
Grant, Award or Other Acquisition
|
|
| | |
2/2/2023
|
| |
Common Stock
|
| |
(25,000)
|
| |
Open Market Sale
|
|
| | |
2/22/2023
|
| |
Common Stock
|
| |
443
|
| |
Exercise or Conversion
|
|
| | |
2/22/2023
|
| |
Common Stock
|
| |
(153)
|
| |
Payment of Tax Liability
|
|
| | |
2/22/2023
|
| |
Restricted Stock Unit
|
| |
(443)
|
| |
Exercise or Conversion
|
|
| | |
2/23/2023
|
| |
Common Stock
|
| |
486
|
| |
Exercise or Conversion
|
|
| | |
2/23/2023
|
| |
Common Stock
|
| |
(168)
|
| |
Payment of Tax Liability
|
|
| | |
2/23/2023
|
| |
Restricted Stock Unit
|
| |
(486)
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
(295)
|
| |
Exercise or Conversion
|
|
| | |
2/28/2023
|
| |
Common Stock
|
| |
(854)
|
| |
Payment of Tax Liability
|
|
| | |
2/28/2023
|
| |
Restricted Stock Unit
|
| |
(854)
|
| |
Exercise or Conversion
|
|
David G. Lake | | |
5/18/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Restricted Stock Unit
|
| |
(1,285)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
2,656
|
| |
Grant, Award or Other Acquisition
|
|
| | |
5/24/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
5/24/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Common Stock
|
| |
4,721
|
| |
Grant, Award or Other Acquisition
|
|
Name
|
| |
Date
|
| |
Title of Security
|
| |
Number of
Shares |
| |
Transaction
|
|
Elizabeth A. Pagliarini | | |
5/18/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Restricted Stock Unit
|
| |
(1,285)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
2,656
|
| |
Grant, Award or Other Acquisition
|
|
| | |
4/29/2022
|
| |
Common Stock
|
| |
1,000
|
| |
Open Market Purchase
|
|
| | |
5/24/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
5/24/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
11/28/2022
|
| |
Common Stock
|
| |
2,459
|
| |
Open Market Purchase
|
|
| | |
11/28/2022
|
| |
Common Stock
|
| |
3,012
|
| |
Open Market Purchase
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Common Stock
|
| |
4,721
|
| |
Grant, Award or Other Acquisition
|
|
Mitchell M. Rosenberg, Ph.D. | | |
5/18/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Restricted Stock Unit
|
| |
(1,285)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
2,656
|
| |
Grant, Award or Other Acquisition
|
|
| | |
5/24/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
5/24/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Common Stock
|
| |
4,721
|
| |
Grant, Award or Other Acquisition
|
|
Diane M. Rubin, CPA | | |
5/18/2021
|
| |
Common Stock
|
| |
1,499
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Common Stock
|
| |
1,499
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Restricted Stock Unit
|
| |
(1,499)
|
| |
Exercise or Conversion
|
|
| | |
2/7/2022
|
| |
Common Stock
|
| |
1,000
|
| |
Open Market Purchase
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
3,035
|
| |
Grant, Award or Other Acquisition
|
|
| | |
5/24/2022
|
| |
Common Stock
|
| |
1,517
|
| |
Exercise or Conversion
|
|
| | |
5/24/2022
|
| |
Restricted Stock Unit
|
| |
(1,517)
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
1,518
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(1,518)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Common Stock
|
| |
5,395
|
| |
Grant, Award or Other Acquisition
|
|
Jacob P. Sonenshine, J.D., CFA
|
| |
5/3/2021
|
| |
Common Stock
|
| |
10,000
|
| |
Bona Fide Gift
|
|
| | |
5/18/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Common Stock
|
| |
1,285
|
| |
Exercise or Conversion
|
|
| | |
11/30/2021
|
| |
Restricted Stock Unit
|
| |
(1,285)
|
| |
Exercise or Conversion
|
|
| | |
2/22/2022
|
| |
Restricted Stock Unit
|
| |
2,656
|
| |
Grant, Award or Other Acquisition
|
|
| | |
5/24/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
5/24/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Common Stock
|
| |
1,328
|
| |
Exercise or Conversion
|
|
| | |
11/29/2022
|
| |
Restricted Stock Unit
|
| |
(1,328)
|
| |
Exercise or Conversion
|
|
| | |
1/10/2023
|
| |
Common Stock
|
| |
4,721
|
| |
Grant, Award or Other Acquisition
|
|
Gabriel V. Vazquez | | |
—
|
| |
—
|
| |
—
|
| |
—
|
|