David R. Duncan - 09 Dec 2021 Form 4 Insider Report for First Western Financial Inc (MYFW)

Role
Director
Signature
/s/ Julie A. Courkamp, Attorney-in-Fact
Issuer symbol
MYFW
Transactions as of
09 Dec 2021
Transactions value $
$-3,795
Form type
4
Filing time
10 Dec 2021, 15:40:32 UTC
Previous filing
07 Apr 2022
Next filing
04 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYFW Common Stock Options Exercise $102,175 +4,087 +11.8% $25.00 38,829 09 Dec 2021 Direct
transaction MYFW Common Stock Sale $-105,970 -3,568 -9.19% $29.70 35,261 09 Dec 2021 Direct
holding MYFW Common Stock 13,158 09 Dec 2021 By Electra Energy Company F1
holding MYFW Common Stock 42,160 09 Dec 2021 Sara C. Duncan GST Exempt Marital Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MYFW Stock Option Right to Buy Options Exercise $0 -4,087 -100% $0.000000* 0 09 Dec 2021 Common Stock 4,087 $25.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has shared voting and investment control over the securities held by Electra Energy Company by through DKD, LLC, a limited liability company of which the reporting person is the sole member. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F2 The reporting person is the trustee of this trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
F3 The stock options were granted on January 17, 2012. 20% of the options vested immediately and the remainder vested 20% annually for four years.