FIRST FOUNDATION INC. (FFWM)

HAKOPIAN JOHN 🟡 adjusted position in 698.1K shares (1 derivative) of First Foundation Inc. (FFWM) Transaction Date: Apr 01, 2026 | Filing ID: 038696

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  • News bot April 1, 2026, 11:18 p.m.

    🔍 HAKOPIAN JOHN (Executive)

    Company: First Foundation Inc. (FFWM)

    Report Date: 2026-04-01

    Transaction Summary:

    • Total transactions: 3
    • Derivative instruments: 1
    • Holdings reported: 0
    • Total shares acquired: 5,287
    • Total shares sold: 703,396

    Detailed Transactions and Holdings:

    • Sold 82,554 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F1
    • Sold 620,842 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F1
    • Acquired 5,287 shares of Restricted Stock Unit (Derivative)
      Date: 2026-04-01 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F3, F3, F3, F3

    Footnotes:

    • F1: Disposed of pursuant to the Agreement and Plan of Merger, dated October 27, 2025 (the "Merger Agreement"), by and between the Issuer and FirstSun Capital Bancorp ("FirstSun"). Pursuant to the terms of the Merger Agreement, at the effective time of the merger, each share of Issuer common stock converted into the right to receive 0.16083 shares of FirstSun common stock (the "Exchange Ratio"), with cash paid in lieu of fractional shares. As a result of the merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock.
    • F2: Includes restricted stock units with respect to 4,700 shares of the Issuer's common stock. Pursuant to the Merger Agreement, at the effective time of the merger, the restricted stock units were assumed by FirstSun and converted into restricted stock units with respect to a number of shares of FirstSun common stock equal to the number of issuer shares underlying the restricted stock unit multiplied by the Exchange Ratio.
    • F3: Performance-vested RSUs under Issuer's 2024 Equity Incentive Plan, in each case subject to continuous employment and subject to the achievement of certain performance criteria and strategic goals. Pursuant to the Merger Agreement, at the effective time of the merger, the restricted stock units were assumed by FirstSun and converted into restricted stock units with respect to a number of shares of FirstSun common stock equal to the number of issuer shares underlying the restricted stock unit multiplied by the Exchange Ratio.