JAY C. ISEMAN - 28 Mar 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
28 Mar 2022
Net transactions value
-$21,362
Form type
4
Filing time
30 Mar 2022, 19:00:57 UTC
Previous filing
10 Feb 2022
Next filing
04 Jan 2023
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 +797 +1% $0.000000 79,318 28 Mar 2022 Direct F1
transaction HMST Common Stock Tax liability $9,467 -195 -0.25% $48.55 79,123 28 Mar 2022 Direct F2
transaction HMST Common Stock Options Exercise $0 +1,005 +1.3% $0.000000 80,128 28 Mar 2022 Direct F1
transaction HMST Common Stock Tax liability $11,895 -245 -0.31% $48.55 79,883 28 Mar 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 -797 -100% $0.000000* 0 28 Mar 2022 Common Stock 797 Direct F1, F3
transaction HMST Restricted Stock Units Options Exercise $0 -1,005 -50% $0.000000 1,005 28 Mar 2022 Common Stock 1,005 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 2,391 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 3,015 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.