Jean Weng - Aug 1, 2023 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role
GC and Corporate Secretary
Signature
/s/ Jean Weng, Attorney-in-Fact
Stock symbol
HMPT
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/1/2023, 04:06 PM
Previous filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMPT Common Stock Disposed to Issuer -27.1K -100% 0 Aug 1, 2023 Direct F1

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 Disposed to Issuer -39.6K -100% 0 Aug 1, 2023 Common Stock 39.6K Direct F2
transaction HMPT Performance Stock Units Disposed to Issuer -85.9K -100% 0 Aug 1, 2023 Common Stock 85.9K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jean Weng is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of May 10, 2023, by and among Home Point Capital Inc., Mr. Cooper Group Inc. and Heisman Merger Sub, Inc. ("the "Merger Agreement"), each share of the Issuer's common stock was exchanged for the right to receive a cash payment of $2.33 without interest, and subject to any required tax withholding.
F2 Pursuant to the Merger Agreement, each of these restricted stock units and performance stock units was automatically vested and cancelled in exchange for a lump sum cash payment of $2.33.