Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 61

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 61
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” section of this Proxy Statement, the Compensation Committee has structured our named executive officer compensation programs in a manner designed to achieve the following objectives: • retain and attract key executives; • pay for performance; • align the interests of our executives more closely with those of our stockholders; and • provide incentives for our named executive officers to remain in the employ of the Company over multi-year periods and to focus on the Company’s longer-term performance. We believe that our executive compensation practices have contributed to our success and have been effective in achieving our compensation objectives. We urge stockholders to carefully read the “Compensation Discussion and Analysis” section of this Proxy Statement, the Summary Compensation Table and the other compensation-related tables and the notes and narrative that follow those tables. In accordance with Section 14A of the Exchange Act and the related rules of the SEC, and as a matter of good corporate governance, we are asking our stockholders to approve the following advisory resolution at the Annual Meeting: “RESOLVED, that the Company’s stockholders approve, on an advisory basis, the compensation paid in 2024 to the Company’s named executive officers, as described in the “Compensation Discussion and Analysis” section of this Proxy Statement, the Summary Compensation Table and the other compensation-related tables, and the notes and narrative in the Proxy Statement for the Company’s 2025 Annual Meeting of Stockholders.” Vote Required and Recommendation of the Board The affirmative vote of a majority of the shares of common stock present in person or represented by proxy and entitled to vote on this proposal is required to approve this proposal. Because this vote is advisory, it will not be binding on the Board or the Compensation Committee. However, the Compensation Committee will give serious consideration to the outcome of the vote when establishing executive compensation programs in the future. Since 2019, the Board has asked the stockholders to cast a non-binding, advisory vote on the compensation paid to our named executive officers every year. The frequency of the non-binding, advisory vote on the compensation paid to our named executive officers in the future will be determined in consideration of the outcome of the stockholder vote on Proposal No. 5. THE BOARD UNANIMOUSLY RECOMMENDS YOU VOTE “ FOR ” PROPOSAL NO. 4 TO APPROVE THE COMPENSATION OF THE COMPANY’S NAMED EXECUTIVE
OFFICERS FOR 2024. 38 TABLE OF CONTENTS COMPENSATION DISCUSSION AND ANALYSIS Introduction FFI’s executive compensation program is designed to support the following