Darrell Van Amen - Jan 1, 2022 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role: EVP, Chief Investment Officer
Signature: /s/ Godfrey B. Evans, attorney in fact for Darrell van Amen
Stock symbol: HMST
Transactions as of: Jan 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 05:32 PM
Next filing: Jan 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMST	Common Stock	Options Exercise	$0	+791	+1.12%	$0.00	71.2K	Jan 1, 2022	Direct	F1
holding	HMST	Common Stock						2K	Jan 1, 2022	Jeanie van Amen, Mr. van Amen's spouse	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	HMST	Restricted Stock Units	Award	$0	+1.63K		$0.00	1.63K	Jan 1, 2022	Common Stock	1.63K		Direct	F1, F3
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-791	-33.33%	$0.00	1.58K	Jan 1, 2022	Common Stock	791		Direct	F1, F4

* 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	These shares are owned by the reporting person's spouse. Mr. van Amen disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have therein.
F3	On January 1, 2022, the reporting person was granted 1,625 RSUs, of which 541 shares vest on January 1, 2023, and 542 shares vest on each of January 1, 2024 and January 1, 2025. In the event of a change in control, all unvested RSUs may vest immediately under certain circumstances. Upon vesting, the reporting person will receive a number of shares of HomeStreet common stock equal to the number of RSUs that vest on that date.
F4	On January 1, 2021, the reporting person was granted 2,373 RSUs, which vest incrementally in equal amounts on January 1, 2022, January 1, 2023, and January 1, 2024, respectively. In the event of a change in control, all unvested RSUs may vest immediately under certain circumstances. Upon vesting, the reporting person will receive a number of shares of HomeStreet common stock equal to the number of RSUs that vest on that date.