Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 96

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 96
---
 | ​ | ​ | ​     | ​ |       — | ​ | ​ | ​ | ​                                      | ​ |         — | ​ | ​ | ​ | ​                                 | ​ |      — | ​ | ​ | ​ | ​                        | ​ |   970,000 | ​ | ​ |

62

TABLE OF CONTENTS

(1) The amounts in this column represent the value of unvested RSU awards that would accelerate upon a CIC as of December 31, 2024. The value is determined by multiplying the number of accelerated shares by the closing share price of $6.21 for our common stock as of December 31, 2024. (2) The amounts in this column represent the premiums for medical, dental and life insurance premiums as of December 31, 2024 that the Company would be obligated to pay for the NEO for the period of time specified in the related employment or CIC agreement. (3) Assumes an effective date of a qualifying termination of employment of December 31, 2024. In addition to the payments provided in this row, the NEO is entitled to receive accrued benefits earned through the date of termination. (4) In the event of a termination of employment due to death, the NEO’s estate is entitled to receive the NEO’s base salary less the amount of any life insurance benefits paid under any Company provided life insurance plan. As of December 31, 2024, the Company provides to each NEO a life insurance benefit of $250,000. This amount has been subtracted from each NEO’s base salary as of December 31, 2024 to determine the amount payable in this row. Equity Incentive Plan 2024 Plan As was described in Proposal No. 2, Approval of the Amended and Restated 2024 Equity Incentive Plan, we are asking our stockholders to approve the Amended 2024 Plan to increase the number of authorized shares issuable under the 2024 Plan by 2,500,000 shares and provide additional rights afforded to the Administrator including appointing agents and delegating functions to others, provided such acts do not affect certain exemptions under Section 16 of the Exchange Act. For a full description of the Amended 2024 Plan, please see the Amended 2024 Plan Summary. Grants of Plan-Based Awards

| ​                   | ​ | ​ | ​          | ​ | ​          | ​ | ​ | ​ | Estimated future payoutsunder non-equity incentiveplan