William Andrew Newman - Aug 1, 2023 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role
President, CEO and PFO, Director
Signature
/s/ Jean Weng, by Power of Attorney
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
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMPT Common Stock Disposed to Issuer -1.02M -100% 0 Aug 1, 2023 By Revocable Trust 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 Stock Option (right to buy) Disposed to Issuer -1.01M -100% 0 Aug 1, 2023 Common Stock 1.01M $1.77 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William Andrew Newman 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 stock options was cancelled in exchange for a lump sum cash payment equal to the spread between the per share exercise price and $2.33.