SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Wilson Josh M

(Last) (First) (Middle)
1900 16TH STREET, SUITE 1200

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/18/2018
3. Issuer Name and Ticker or Trading Symbol
First Western Financial Inc [ MYFW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Regional President, Colo./Wyo.
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,291(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Nonqualified Stock Option (right to buy) (2) 07/01/2023 Common Stock 1,000 $20 D
Nonqualified Stock Option (right to buy) (3) 07/01/2024 Common Stock 1,809 $20 D
Performance Stock Unit (4) 06/30/2022 Common Stock 1,528 $0 D
Explanation of Responses:
1. Includes 3,056 restricted stock units that vest in two equal installments on June 30, 2020, and June 30, 2022, subject to the continued service of the reporting person.
2. The option is currently exercisable. The option previously vested in accordance with its terms.
3. The option is currently exercisable. The option previously vested in accordance with its terms.
4. Each performance stock unit represents a contingent right to receive one share of First Western Financial, Inc. common stock, no par value ("Common Stock"). The performance stock units vest, if at all, based upon (i) the market price of each share of Common Stock during the period ending June 30, 2020, and (ii) the continued service of the reporting person through June 30, 2022.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Scott C. Wylie, attorney-in-fact 07/18/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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