Don Voss - 12 Jul 2021 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role
Director
Signature
/s/ Donna M. Cochener, attorney in fact for Donald R. Voss
Issuer symbol
HMST
Transactions as of
12 Jul 2021
Net transactions value
$0
Form type
4
Filing time
13 Jul 2021, 15:44:37 UTC
Next filing
12 Oct 2021

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 HMST Restricted Stock Units Award $0 +413 +7.6% $0.000000 5,820 12 Jul 2021 Common Stock 413 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of HomeStreet common stock. RSUs do not require the holder to pay any consideration on vesting.
F2 RSUs issued are based on Directors' compensation policy paid quarterly. RSUs are fully vested awards of a number of shares of stock that are delivered in stock at the time a Director leaves the Board or at a stated date elected by the Director, whichever is earlier. The reporting person has elected that this RSU shall vest when he leaves the Board. No additional consideration is paid for the vesting of a restricted stock unit.