Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 119

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 119
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 for the grant of Awards under the Plan. However, shares of Common Stock delivered (either by actual delivery or attestation) to the Company by a Participant A-8 TABLE OF CONTENTS to (i) satisfy the applicable exercise or purchase price of an Award, and/or (ii) to satisfy the applicable exercise or purchase price of an Award, and/or (iii) to satisfy any applicable tax withholding obligation (including shares of Common Stock retained by the Company from an Award being exercised or purchased and/or creating the tax obligations), in each case, shall not be added to the number of shares of Common Stock available for the grant of Awards under the Plan. In addition, (1) to the extent an Award, as applicable, is denominated in shares of Common Stock, but paid or settled in cash, the number of shares of Common Stock with respect to which such payment or settlement is made shall again be available for grants of Awards pursuant to the Plan, and (2) shares of Common Stock underlying Awards that can only be settled in cash shall not be counted against the aggregate number of shares of Common Stock available for Awards under the Plan. Upon the exercise of any Award granted in tandem with any other Awards, such related Awards shall be cancelled to the extent of the number of shares of Common Stock as to which the Award is exercised and, notwithstanding the foregoing, such number of shares of Common Stock shall no longer be available for grant under the Plan. (c) No more than 4,000,000 shares of Common Stock shall be issued pursuant to the exercise of ISOs. Section 5. Equitable Adjustments. In the event of any Change in Capitalization, an equitable substitution or proportionate adjustment shall be made in (i) the aggregate number and kind of securities reserved for issuance under the Plan pursuant to Section 4, (ii) the kind, number of securities subject to, and the Exercise Price subject to outstanding Options and Stock Appreciation Rights granted under the Plan, (iii) the kind, number and purchase price of a share of Common Stock or other securities or the amount of cash or amount or type of other property subject to outstanding Restricted Stock, Restricted Stock Units or Other Stock-Based Awards granted under the Plan; and/or (iv) the terms and conditions of any outstanding Awards (including, without limitation, any applicable performance targets or criteria with respect thereto); provided , however , that any fractional shares resulting from the adjustment shall be eliminated. Such other equitable substitutions or adjustments shall be made as may be determined by the