Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 97

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 97
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 listed in this column represent the cash retention awards provided to certain of our named executive officers. Subject to continued employment with the Company on the applicable vesting date, Mr. Kavanaugh would receive a cash retention bonus of $475,000; Mr. Britton would receive a cash retention bonus of $156,000; Mr. Hakopian would receive a cash retention bonus of $260,000; and Mr. Naghibi would receive a cash retention bonus of $180,000. Due to his resignation with the Company in November 2024, Mr. Kavanaugh forfeited his cash retention award. (2) The amounts listed in this column represent the retention RSU awards provided to certain of our named executive officers. Mr. Britton received an award of 31,410 RSUs, Mr. Hakopian received 52,349 RSUs, Mr. Naghibi received 36,242 RSUs and Mr. Kavanaugh received 57,047 RSUs. The grant date fair value of this award is computed based on the closing price of our common shares on the grant date,

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October 23, 2024. Due to his resignation with the Company in November 2024, Mr. Kavanaugh forfeited his award of RSUs. Each of these other awards of RSUs vest on the first anniversary of the grant date, subject to continued employment. (3) Mr. Shafer received an award of 500,000 RSUs in connection with his appointment as Chief Executive Officer of FFI and FFB in November 2024. The grant date fair value of this award is computed based on the closing price of our common shares on the grant date, November 21, 2024. One-half of these awards of RSUs vests on the second anniversary of the grant date, and the other half vests on the third anniversary of the grant date, subject to continued employment. Outstanding Equity Awards at Fiscal Year End The following table sets forth information regarding outstanding options and unvested RSUs that have been granted to the NEOs and that were outstanding as of December 31, 2024.

| ​                     | ​ | ​ | Stock Awards                                                   |   |         |   |   |   |                                                                |   |           |   |   |   |                                                                                                    |   |   |   |   |   |                                                                                                                      |   |   |   | ​ |
| Name / Grant Date(1)  | ​ | ​ | Number ofshares or units ofstock that