The Piece begins in f minor and in piano. The A motive of an ascending arpeggio is stated in the 1st two measures and is then repeated up a fifth. Then the second fragment of the motive is repeated with the same difference of a fifth in the next two subphrases, leading to a climactic f minor chord at fortissimo. The section then resolves to the half cadence, with a decrescendo strengthening the sensation. This constitutes the 1st group of the A section. The motive then develops in c minor before new, transitional material is introduced, with little direction and no clear tonality. The new theme is begins in measure 20, with a change in texture and dynamics making the separation clear The motive is a descending pattern of two measures in the right hand and is repeated 3 times. Another textural change in m. 25 marks a long transition with fluctuating dynamics, changing tonality, and mostly scalar. Then in measure 41, the terminative section begins, ending on a PAC in A-flat Major. As typical, the Exposition is embedded in a repeat sign. The B section begins like the A, but in A-flat major. There is then a short transition and the 2nd motive comes in, repeating twice in the RH and 3 times in the LH. There is then another transition beginning in m. 74 and ending in m. 100.
Then the 1st A theme returns in m. 101, beginning the recapitulation, with a crescendo leading up to it. There is a coda at the end to terminate the piece with a dense, loud, PAC in the original key.