Christopher M. Leavell - May 23, 2022 Form 4 Insider Report for First American Financial Corp (FAF)

Signature
/s/ Greg L. Smith, Attorney-in-Fact for Christopher M. Leavell
Stock symbol
FAF
Transactions as of
May 23, 2022
Transactions value $
-$2,336,913
Form type
4
Date filed
5/25/2022, 04:59 PM
Previous filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FAF Common Stock Sale -$2.34M -39.2K -19.06% $59.61 166K May 23, 2022 Direct F1, F2, F3, F4, F5, F6, F7, F8
holding FAF Common Stock 1.14K May 23, 2022 by 401(k) Plan Trust F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a domestic relations agreement, all of the reporting person's shares sold were held by the reporting person for the benefit of his ex-wife, who will receive the cash proceeds generated from the sale of these shares.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.35 to $59.94, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Includes 12,505 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 45,097 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/22/2020, the first anniversary of the grant.
F4 Includes 23,727 unvested RSUs acquired pursuant to an original grant of 44,133 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/20/2021, the first anniversary of the grant.
F5 Includes 36,995 unvested RSUs acquired pursuant to an original grant of 47,551 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/18/2022, the first anniversary of the grant.
F6 Includes 21,365 unvested RSUs acquired pursuant to an original grant of 21,203 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/22/2023, the first anniversary of the grant.
F7 Includes 19,422 unvested RSUs acquired pursuant to an original grant of 19,275 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/22/2023, the first anniversary of the grant.
F8 Pursuant to a domestic relations agreement, a portion of the reporting person's shares and certain RSUs are held by the reporting person for the benefit of his ex-wife, who will receive either shares or the cash proceeds generated from the sale of applicable shares, after any applicable vesting and/or exercise.
F9 Amount shown consists of shares contributed by issuer as company match, shares purchased for the reporting person's account and shares acquired through automatic reinvestment of dividends paid as reported in most recent account statement in transactions exempt under rules 16a-3(f)(1)(i)(B) and 16b-3(c).