Jay C. Iseman - Jan 1, 2023 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
Stock symbol: HMST
Transactions as of: Jan 1, 2023
Transactions value $: -$9,074
Form type: 4
Date filed: 1/4/2023, 07:08 PM
Previous filing: Mar 30, 2022
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	+643	+0.8%	$0.00	80.5K	Jan 1, 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$5.38K	-195	-0.24%	$27.58	80.3K	Jan 1, 2023	Direct	F2
transaction	HMST	Common Stock	Options Exercise	$0	+440	+0.55%	$0.00	80.8K	Jan 1, 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$3.7K	-134	-0.17%	$27.58	80.6K	Jan 1, 2023	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	Award	$0	+2.55K		$0.00	2.55K	Jan 1, 2023	Common Stock	2.55K		Direct	F1, F3
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-643	-50%	$0.00	643	Jan 1, 2023	Common Stock	643		Direct	F1, F4
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-440	-33.31%	$0.00	881	Jan 1, 2023	Common Stock	440		Direct	F1, F5

* 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 January 1, 2023, the reporting person was granted 2,545 RSUs, of which 848 shares vest on each of January 1, 2024 and January 1, 2025, and 849 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.
F4	On January 1, 2021, the reporting person was granted 1,929 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.
F5	On January 1, 2022, the reporting person was granted 1,321 RSUs, of which 440 shares vest on each of January 1, 2023 and January 1, 2024, and 441 shares vest on January 1, 2025. 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.