4//SEC Filing
MACKOVAK BENJAMIN 4
Accession 0001593968-24-001254
CIK 0001413837other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 4:39 PM ET
Size
8.4 KB
Accession
0001593968-24-001254
Insider Transaction Report
Form 4
MACKOVAK BENJAMIN
Director
Transactions
- Conversion
Common Stock
2024-10-02+3,870,000→ 6,768,343 total(indirect: Owned directly by Strategic Value Investors LP) - Conversion
Series B Preferred Stock
2024-10-02−3,870→ 0 total(indirect: Owned directly by Strategic Value Investors LP)→ Common Stock (3,870,000 underlying)
Footnotes (2)
- [F1]Subject to approval by the stockholders of the Company, each share of Series B Noncumulative Convertible Preferred Stock, par value $0.001 per share (the "Series B Preferred Stock"), will convert to 1,000 shares of Common Stock. Prior to such stockholder approval, each share of Series B Preferred Stock will convert into 1,000 shares of Common Stock upon a transfer consistent with the rules and limitations of Regulation Y of the Bank Holding Company Act of 1956, as amended. The Series B Preferred Stock have no expiration date. On October 2, 2024, following stockholder approval, each issued and outstanding share of Series B Preferred Stock converted into 1,000 shares of the Company's Common Stock, par value $0.001 per share, pursuant to the Company's Certificate of Designations of Series B Noncumulative Convertible Preferred Stock.
- [F2]Owned directly by Strategic Value Investors LP. The reporting person, solely by virtue of his position as a managing member of Strategic Value Bank Partners LLC, which serves as the general partner of Strategic Value Investors LP, may be deemed to beneficially own the shares owned directly by Strategic Value Investors LP for purposes of Section 16. The reporting person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Documents
Issuer
First Foundation Inc.
CIK 0001413837
Entity typeother
Related Parties
1- filerCIK 0001697577
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 4:39 PM ET
- Size
- 8.4 KB