John S. Forlines - Feb 10, 2023 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role
Chief Risk Officer
Signature
/s/ Jean Weng, Attorney-in-Fact
Stock symbol
HMPT
Transactions as of
Feb 10, 2023
Transactions value $
-$11,054
Form type
4
Date filed
2/14/2023, 04:18 PM
Previous filing
May 5, 2022
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMPT Common Stock Options Exercise $0 +11K +53.01% $0.00 31.7K Feb 10, 2023 Direct F1
transaction HMPT Common Stock Tax liability -$11.1K -5.56K -17.5% $1.99 26.2K Feb 10, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HMPT Restricted Stock Units Options Exercise $0 -11K -10.61% $0.00 92.6K Feb 10, 2023 Common Stock 11K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents settlement of restricted stock units ("RSUs") through the issuance of one share of the Issuer's common stock for each vested RSU.
F2 Shares of the Issuer's common stock withheld by the Issuer to satisfy the tax withholding requirement upon vesting of the RSUs. No shares of the Issuer's common stock were sold as part of this transaction.
F3 Each RSU represents a conditional right to receive one share of the Issuer's common stock. The RSUs will be settled in the Issuer's common stock or cash (or a combination thereof) at the discretion of the Issuer.
F4 32,981 RSUs were granted on February 10, 2022, which vest over three years, with one-third of the grant vesting based on continued service through the first anniversary of February 10, 2022 and one-third of the grant vesting on each of the subsequent anniversaries of such date.