KERMOTT GARY LEWIS 4

4 · FIRST AMERICAN CORP · Filed Mar 6, 2007

Form 4

Period: 2007-03-05

Executive Vice President

Transactions

Holdings

Employee Stock Option (right to buy)
Exercise: $22.85From: 2004-02-27Exp: 2013-02-27→ Common Stock (60,000 underlying)
60,000
Common Stock
(indirect: By Self for Son Crandall)
350
Employee Stock Option (right to buy)
Exercise: $31.88From: 1999-04-23Exp: 2008-04-23→ Common Stock (25,000 underlying)
25,000
Common Stock
(indirect: By Trust)
3,835.031
Common Stock
(indirect: By Trust)
13,578.631

Footnotes (9)

[F1]Includes 29,374 shares acquired pursuant to a grant of restricted stock units vesting in five equal annual increments commencing 3/5/08, the first anniversary of the grant.
[F2]Amount shown consists of shares contributed by issuer as company match, shares purchased for my account and shares acquired through automatic reinvestment of dividends paid as reported in most recent account statement in transactions exempt under rules 16a-3(f)(1)(i)(B) and 16b-3(c).
[F3]Amount shown consists of shares allocated to my account in previous years and shares acquired through automatic reinvestment of dividends paid on such previously allocated shares, as reported in most recent account statement.
[F4]The option vests in five equal annual increments commencing 4/23/99, the first anniversary of the grant.
[F5]The option vests in five equal annual increments commencing 12/14/01, the first anniversary of the grant.
[F6]The option vests in five equal annual increments commencing 2/27/04, the first anniversary of the grant.
[F7]The option vests in five equal annual increments commencing 2/26/05, the first anniversary of the grant.
[F8]The option vests in five equal annual increments commencing 2/28/06, the first anniversary of the grant.
[F9]The option vests in five equal annual increments commencing 12/8/06, the first anniversary of the grant.

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