Jean Weng - May 4, 2023 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role
General Counsel
Signature
/s/ Jean Weng, Attorney-in-Fact
Stock symbol
HMPT
Transactions as of
May 4, 2023
Transactions value $
-$11,957
Form type
4
Date filed
5/8/2023, 05:01 PM
Previous filing
Feb 14, 2023
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMPT Common Stock Options Exercise $0 +17.7K +106.88% $0.00 34.2K May 4, 2023 Direct F1
transaction HMPT Common Stock Tax liability -$12K -7.12K -20.83% $1.68 27.1K May 4, 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 -17.7K -30.81% $0.00 39.6K May 4, 2023 Common Stock 17.7K 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 52,966 RSUs were granted on May 4, 2021, which vest over three years, with one-third of the grant vesting based on continued service through the first anniversary of May 4, 2021 and one-third of the grant vesting on each of the subsequent anniversaries of such date.