Sec Form 4 Filing - HOLLENBECK JOHN M @ FIRST AMERICAN CORP - 2005-02-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HOLLENBECK JOHN M
2. Issuer Name and Ticker or Trading Symbol
FIRST AMERICAN CORP [ (FAF)]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
1 FIRST AMERICAN WAY
3. Date of Earliest Transaction (MM/DD/YY)
02/25/2005
(Street)
SANTA ANA, CA92707
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/25/2005 M 3,500 A $ 10.75 4,419.42 D
Common Stock 02/25/2005 M 2,000 A $ 16.5 6,419.42 D
Common Stock 02/25/2005 M 13,500 A $ 23.583 19,919.42 D
Common Stock 02/25/2005 M 2,500 A $ 24.67 22,419.42 D
Common Stock 02/25/2005 M 2,500 A $ 21.89 24,919.42 D
Common Stock 02/25/2005 S 100 D $ 36.76 24,819.42 D
Common Stock 02/25/2005 S 100 D $ 36.75 24,719.42 D
Common Stock 02/25/2005 S 500 D $ 36.73 24,219.42 D
Common Stock 02/25/2005 S 7,300 D $ 36.71 16,919.42 D
Common Stock 02/25/2005 S 3,000 D $ 36.72 13,919.42 D
Common Stock 02/25/2005 S 2,600 D $ 36.7 11,319.42 D
Common Stock 02/25/2005 S 4,400 D $ 36.67 6,919.42 D
Common Stock 02/25/2005 S 6,000 D $ 36.63 919.42 D
Common Stock 2,509.74 I By 401(k) Plan Trust ( 1 )
Common Stock 3,453.73 I By ESOP Trust ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Director Stock (right to buy) $ 23.583 02/25/2005 M 13,500 04/23/1999( 3 )( 4 ) 04/23/2008 Common Stock 13,500 $ 0 0 D
Employee Stock Option (right to buy) $ 10.75 02/25/2005 M 3,500 02/24/2001( 5 ) 02/24/2010 Common Stock 3,500 $ 0 0 D
Employee Stock Option (right to buy) $ 16.5 02/25/2005 M 2,000 07/23/2003( 6 ) 07/23/2012 Common Stock 2,000 $ 0 6,000 D
Employee Stock Option (right to buy) $ 21.89 02/25/2005 M 2,500 03/12/2004( 6 ) 03/12/2013 Common Stock 2,500 $ 0 10,000 D
Employee Stock Option (right to buy) $ 24.67 02/25/2005 M 2,500 04/01/2004( 6 ) 04/01/2013 Common Stock 2,500 $ 0 10,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HOLLENBECK JOHN M
1 FIRST AMERICAN WAY
SANTA ANA, CA92707
Executive Vice President
Signatures
By: Kathleen M. Collins, Attorney In Fact for 02/28/2005
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Amount shown consists of shares contributed by issuer as company match, shares purchased for my 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).
( 2 )Amount shown consists of shares allocated to my account in previous years and shares acquired through automatic reinvestment of dividends paid on such previously allocated shares, as reported in most recent account statement.
( 3 )The option vests in five equal annual increments commencing 4/23/99, the first anniversary of the grant.
( 4 )The option vests in five equal annual increments commencing 4/23/99, the first anniversary of the grant.
( 5 )The option vests in five equal annual increments commencing 2/24/01, the first anniversary of the grant.
( 6 )The option vests in five equal annual increments commencing 4/23/99, the first anniversary of the grant.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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