DARRELL VAN AMEN - 28 Mar 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
Issuer symbol: HMST
Transactions as of: 28 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 30 Mar 2022, 19:04:40 UTC
Previous filing: 28 Jan 2022
Next filing: 24 May 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	+980	+1.3%	$0.000000	76,285	28 Mar 2022	Direct	F1
transaction	HMST	Common Stock	Options Exercise	$0	+1,236	+1.6%	$0.000000	77,521	28 Mar 2022	Direct	F1
holding	HMST	Common Stock						2,000	28 Mar 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	Options Exercise	$0	-980	-100%	$0.000000^*	0	28 Mar 2022	Common Stock	980		Direct	F1, F3
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-1,236	-50%	$0.000000	1,236	28 Mar 2022	Common Stock	1,236		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 March 28, 2019, the reporting person was granted 2,940 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 3,708 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.