Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 38

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 38
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 grant date fair value of stock awards granted to the Company’s non-employee directors during 2024, computed in accordance with FASB ASC Topic 718, Stock Compensation. The grant date fair value is measured based on the closing price of the Company’s common stock on the date of grant. At December 31, 2024, there were no stock awards outstanding to non-employee directors. (2) Mr. Edelson was appointed to the Bank Board effective July 9, 2024 and to the Board effective as of September 3, 2024. (3) Ms. Enden was appointed to the Bank Board effective July 9, 2024 and to the Board effective as of September 3, 2024. As previously noted, Ms. Enden was appointed to the Board by Fortress, and in respect of such Board service, Fortress receives cash compensation of $140,000 annually. (4) Mr. Lake resigned from the Board, effective as of September 3, 2024. Half of his stock awards vested prior to his resignation. The other half remained unvested and were forfeited at the time of his resignation in September 2024. (5) Mr. Mackovak was appointed to the Bank Board effective July 9, 2024 and to the Board effective as of September 3, 2024. (6) Mr. Parker was appointed to the Board, effective as of November 14, 2024. (7) Ms. Rubin resigned from the Board, effective as of September 3, 2024. Half of her stock awards vested prior to her resignation. The other half remained unvested and were forfeited at the time of her resignation in September 2024. (8) Mr. Sonenshine was appointed as the Audit Committee Chair effective as of September 4, 2024. (9) Mr. Vazquez resigned from the Board, effective as of September 3, 2024. Half of his stock awards vested prior to his resignation. The other half remained unvested and were forfeited at the time of his resignation in September 2024.

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TABLE OF CONTENTS APPROVAL OF THE AMENDED AND RESTATED 2024 EQUITY INCENTIVE PLAN (Proposal No. 2) We are asking our stockholders to approve, at this year’s Annual Meeting, the Amended and Restated 2024 Equity Incentive Plan (the “Amended