Godfrey B. Evans - Mar 28, 2022 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role: EVP - General Counsel
Signature: Godfrey B. Evans
Stock symbol: HMST
Transactions as of: Mar 28, 2022
Transactions value $: -$23,304
Form type: 4
Date filed: 3/30/2022, 06:58 PM
Previous filing: Jan 28, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMST	Common Stock	Options Exercise	$0	+856	+1.27%	$0.00	68.3K	Mar 28, 2022	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$10.1K	-209	-0.31%	$48.55	68K	Mar 28, 2022	Direct	F2
transaction	HMST	Common Stock	Options Exercise	$0	+1.11K	+1.63%	$0.00	69.2K	Mar 28, 2022	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$13.2K	-271	-0.39%	$48.55	68.9K	Mar 28, 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	Restricted Stock Units	Options Exercise	$0	-856	-100%	$0.00^*	0	Mar 28, 2022	Common Stock	856		Direct	F1, F3
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-1.11K	-50%	$0.00	1.11K	Mar 28, 2022	Common Stock	1.11K		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	Shares withheld by HomeStreet in payment of the withholding tax liability incurred upon the above-reported settlement of RSUs.
F3	On March 28, 2019, the reporting person was granted 2,568 RSUs, which vest incrementally in equal amounts on March 28, 2020, March 28, 2021, and March 28, 2022, 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.
F4	On March 28, 2020, the reporting person was granted 3,333 RSUs, which vest incrementally in equal amounts on March 28, 2021, March 28, 2022, and March 28, 2023, 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.