Erik D. Hand - Jan 1, 2023 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role
EVP, Mortgage Lending Director
Signature
/s/ Godfrey B. Evans, Attorney in fact for Erik D. Hand
Stock symbol
HMST
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 07:10 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 +244 +7.63% $0.00 3.44K Jan 1, 2023 Direct F1
transaction HMST Common Stock Options Exercise $0 +167 +4.85% $0.00 3.61K Jan 1, 2023 Direct F1

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 +966 $0.00 966 Jan 1, 2023 Common Stock 966 Direct F1, F2
transaction HMST Restricted Stock Units Options Exercise $0 -244 -50% $0.00 244 Jan 1, 2023 Common Stock 244 Direct F1, F3
transaction HMST Restricted Stock Units Options Exercise $0 -167 -33.27% $0.00 335 Jan 1, 2023 Common Stock 167 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 On January 1, 2023, the reporting person was granted 966 RSUs, which vest incrementally in equal amounts on January 1, 2024, January 1, 2025, and January 1, 2026, 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.
F3 On January 1, 2021, the reporting person was granted 732 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.
F4 On January 1, 2022, the reporting person was granted 502 RSUs, of which 167 shares vest on each of January 1, 2023 and January 1, 2024, and 168 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.