Mary L. Vincent - Mar 28, 2022 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role
EVP - Chief Risk Officer
Signature
/s/ Godfrey B. Evans, Attorney in fact for Mary L. Vincent
Stock symbol
HMST
Transactions as of
Mar 28, 2022
Transactions value $
-$13,400
Form type
4
Date filed
3/30/2022, 07:05 PM
Previous 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 +501 +2.11% $0.00 24.2K Mar 28, 2022 Direct F1
transaction HMST Common Stock Tax liability -$5.92K -122 -0.5% $48.55 24.1K Mar 28, 2022 Direct F2
transaction HMST Common Stock Options Exercise $0 +632 +2.62% $0.00 24.7K Mar 28, 2022 Direct F1
transaction HMST Common Stock Tax liability -$7.48K -154 -0.62% $48.55 24.6K 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 -501 -100% $0.00* 0 Mar 28, 2022 Common Stock 501 Direct F1, F3
transaction HMST Restricted Stock Units Options Exercise $0 -632 -50% $0.00 632 Mar 28, 2022 Common Stock 632 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 1,503 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 1,896 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.