First Western Financial Inc — Director's Dealing 2021

Nov 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: First Western Financial Inc (MYFW)
CIK: 0001327607
Period of Report: 2021-11-09

Reporting Person: SIPF ERIC D (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-09	Common Stock	M	1101	$25	Acquired	183455	Direct
2021-11-09	Common Stock	S	1101	$30.90	Disposed	182354	Direct
2021-11-10	Common Stock	M	1624	$25	Acquired	183978	Direct
2021-11-10	Common Stock	S	1624	$30.90	Disposed	182354	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-09	Stock Option Right to Buy	$25	M	1101	Disposed	2022-01-17	Comon Stock (1101)	Direct
2021-11-10	Stock Option Right to Buy	$25	M	1624	Disposed	2022-01-17	Common Stock (1624)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7086	Indirect

Footnotes

F1: The reporting person serves as Chairman of the Eric & Susan Sipf Family Foundation. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities 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, or for any other purpose.

F2: The stock options were granted on January 17, 2012. 20% of the options vested immediately and the remainder vested 20% annually for four years.