1 unchanged sentence
Market Information for Common Stock
−Removed: Shares of our common stock, no par value, are traded on the NASDAQ Global Select Market under the symbol "MYFW".
+Added: Shares of our common stock, no par value, are traded on the NASDAQ Global Select Market under the symbol "MYFW".
Holders of Record
6 unchanged sentences
As a bank holding company, our ability to pay dividends is affected by the policies and enforcement powers of the Federal Reserve.
−Removed: See "Supervision and Regulation—Regulation of the Company—Dividends."
−Removed: In addition, because we are a holding company, we are dependent upon the payment of dividends by the Bank to us as our principal source of funds to pay dividends in the future, if any, and to make other payments.
+Added: See "Supervision and Regulation—Regulation of the Company—Dividends." In addition, because we are a holding company, we are dependent upon the payment of dividends by the Bank to us as our principal source of funds to pay dividends in the future, if any, and to make other payments.
The Bank is also subject to various legal, regulatory and other restrictions on its ability to pay dividends and make other distributions and payments to us.
−Removed: See "Supervision and Regulation—Regulation of the Bank—Dividends."
−Removed: The present and future dividend policy of the Bank is subject to the discretion of the board of directors.
+Added: See "Supervision and Regulation—Regulation of the Bank—Dividends." The present and future dividend policy of the Bank is subject to the discretion of the board of directors.
The Bank is not obligated to pay us dividends.
6 unchanged sentences
The following table sets forth information as of December 31, 2022, regarding our equity compensation plans that provide for the award of equity securities or the grant of options to purchase equity securities of the Company to employees and directors of First Western and its subsidiaries:
−Removed: Number of securities to be
−Removed: Number of securities
+Added: Plan Category Number of securities to be
issued upon exercise of
−Removed: remaining available for future
outstanding options or
−Removed: issuance under equity
vesting of outstanding
−Removed: Weighted average exercise
−Removed: price of outstanding options
+Added: restricted stock grants Weighted average exercise
+Added: price of outstanding options Number of securities
+Added: remaining available for future
+Added: issuance under equity
compensation plans (excluding
−Removed: Plan Category
−Removed: restricted stock grants
securities reflected in column (A)
1 unchanged sentence
Equity compensation plans not approved by shareholders — — —
+Added: Total 705,672 329,035
Issuer Purchases of Equity Securities
−Removed: Maximum number (or
−Removed: Total number of
−Removed: approximate dollar
+Added: Total number of shares purchased (1)
+Added: per share Total number of
shares purchased
−Removed: value) of shares
as part of publically
−Removed: that may yet be
announced plans
+Added: or programs Maximum number (or
+Added: approximate dollar
+Added: value) of shares
+Added: that may yet be
purchased under the
−Removed: purchased (1)
plans or programs
2 unchanged sentences
December 1, 2022 through December 31, 2022 — — — —
−Removed: (1) These shares relate to the net settlement by employees related to vested, restricted stock awards and do not impact the shares available for repurchase under the 2020 Repurchase Plan.
+Added: _____________________________
+Added: (1) These shares relate to the net settlement by employees related to vested, restricted stock awards and do not impact the shares available for repurchase.
Net settlements represent instances where employees elect to satisfy their income tax liability related to the vesting of restricted stock through the surrender of a proportionate number of the vested shares to the Company.
−Removed: (2) The 2020 Repurchase Plan expired in November 2021.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.