JAY C. ISEMAN - 26 Jan 2022 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role
EVP - Chief Credit Officer
Signature
/s/ Godfrey B. Evans, Attorney-in-Fact for Jay C. Iseman
Issuer symbol
HMST
Transactions as of
26 Jan 2022
Net transactions value
-$44,970
Form type
4
Filing time
28 Jan 2022, 19:25:26 UTC
Previous filing
04 Jan 2022
Next filing
10 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMST Common Stock Options Exercise $0 +3,372 +4.3% $0.000000 82,342 26 Jan 2022 Direct F1
transaction HMST Common Stock Tax liability $44,970 -917 -1.1% $49.04 81,425 26 Jan 2022 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 HMST Performance Share Units Options Exercise $0 -3,372 -100% $0.000000* 0 26 Jan 2022 Common Stock 3,372 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock of HomeStreet, Inc. ("HomeStreet") were issued to the reporting person without payment of any consideration in connection with the vesting of a Performance Share Unit award ("PSU") granted to the reporting person on April 25, 2019. The number of shares issued on the vesting of the PSU was determined based on the achievement of certain performance factors set forth in the PSU.
F2 Shares withheld by HomeStreet in payment of the withholding tax liability incurred upon the above-reported settlement of PSUs.
F3 Each PSU represents a contingent right to receive one share of HomeStreet common stock.