Paulette Lemon - 01 Jan 2023 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role: EVP - Retail Banking Director
Signature: /s/ Godfrey B. Evans, Attorney in fact for Paulette Lemon
Issuer symbol: HMST
Transactions as of: 01 Jan 2023
Net transactions value: -$6,757
Form type: 4
Filing time: 04 Jan 2023, 19:08:11 UTC
Previous filing: 30 Mar 2022
Next filing: 30 Mar 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	+471	+3.2%	$0.000000	15,302	01 Jan 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	$3,944	-143	-0.93%	$27.58	15,159	01 Jan 2023	Direct	F2
transaction	HMST	Common Stock	Options Exercise	$0	+335	+2.2%	$0.000000	15,494	01 Jan 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	$2,813	-102	-0.66%	$27.58	15,392	01 Jan 2023	Direct	F2
holding	HMST	Common Stock						2,401	01 Jan 2023	HomeStreet, Inc. 401(k) Savings Plan	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	+1,954		$0.000000	1,954	01 Jan 2023	Common Stock	1,954		Direct	F1, F4
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-471	-50%	$0.000000	471	01 Jan 2023	Common Stock	471		Direct	F1, F5
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-335	-33%	$0.000000	670	01 Jan 2023	Common Stock	335		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	Participants in HomeStreet, Inc.'s 401(k) Savings Plan, or the "401(k) Plan", have the authority to direct voting of shares they hold through the 401(k) Plan.
F4	On January 1, 2023, the reporting person was granted 1,954 RSUs, of which 651 shares vest on each of January 1, 2024 and January 1, 2025, and 652 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 1,412 RSUs, of which 470 shares vest on January 1, 2022 and 471 shares vest each on January 1, 2023 and January 1, 2024. 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 1,005 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.