Mark K. Mason - Jan 1, 2023 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role: CEO, President, Director
Signature: /s/ Godfrey B. Evans, Attorney in fact for Mark K. Mason
Stock symbol: HMST
Transactions as of: Jan 1, 2023
Transactions value $: -$79,127
Form type: 4
Date filed: 1/4/2023, 07:07 PM
Previous filing: Sep 4, 2024
Next filing: Mar 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMST	Common Stock	Options Exercise	$0	+3.87K	+2.2%	$0.00	179K	Jan 1, 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$48.2K	-1.75K	-0.98%	$27.58	177K	Jan 1, 2023	Direct	F2
transaction	HMST	Common Stock	Options Exercise	$0	+2.57K	+1.45%	$0.00	180K	Jan 1, 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$30.9K	-1.12K	-0.62%	$27.58	179K	Jan 1, 2023	Direct	F2
holding	HMST	Common Stock						1.38K	Jan 1, 2023	Courtney Mason, Mr. Mason's spouse	F3

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	Award	$0	+14.8K		$0.00	14.8K	Jan 1, 2023	Common Stock	14.8K		Direct	F1, F4
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-3.87K	-50%	$0.00	3.87K	Jan 1, 2023	Common Stock	3.87K		Direct	F1, F5
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-2.57K	-33.33%	$0.00	5.14K	Jan 1, 2023	Common Stock	2.57K		Direct	F1, F6

* 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	These shares are owned by the reporting person's spouse. Mr. Mason disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have therein.
F4	On January 1, 2023, the reporting person was granted 14,848 RSUs, of which 4,949 shares vest on each of January 1, 2024 and January 1, 2025, and 4,950 shares vest on January 1, 2026. 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.
F5	On January 1, 2021, the reporting person was granted 11,595 RSUs, which vest incrementally in equal amounts on January 1, 2022, January 1, 2023, and January 1, 2024, 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.
F6	On January 1, 2022, the reporting person was granted 7,710 RSUs, which vest incrementally in equal amounts on January 1, 2023, January 1, 2024, and January 1, 2025, 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.