First Western Financial Inc — Director's Dealing 2021

Nov 30, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: First Western Financial Inc (MYFW)
CIK: 0001327607
Period of Report: 2021-11-29

Reporting Person: Zimlich Joseph C. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-29	Common Stock	M	4078	$25	Acquired	36987	Direct
2021-11-29	Common Stock	S	3391	$30.09	Disposed	33596	Direct
2021-11-30	Common Stock	M	9	$25	Acquired	33605	Direct
2021-11-30	Common Stock	S	8	$30.91	Disposed	33597	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-29	Stock Option Right to Buy	$25	M	4078	Disposed	2022-01-17	Common Stock (4078)	Direct
2021-11-30	Stock Option Right to Buy	$25	M	9	Disposed	2022-01-17	Common Stock (9)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	90146	Indirect
Common Stock	108597	Indirect

Footnotes

F1: The reporting person serves as Managing Member of the sole member of Bohemian Investments, LLC, and has voting and dispositive power over the shares held by Bohemian Investments, LLC. 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 (the

F2: The reporting person serves as President of the Managing Member of BOCO Investments, LLC and has voting and dispositive power over the shares held by BOCO Investments, LLC. 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 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.