William Endresen - Jan 1, 2023 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role: EVP, Comm'l RE & Capital Pres.
Signature: /s/ Godfrey B. Evans, Attorney in fact for William Endresen
Stock symbol: HMST
Transactions as of: Jan 1, 2023
Transactions value $: -$13,211
Form type: 4
Date filed: 1/4/2023, 07:11 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	+935	+7.35%	$0.00	13.7K	Jan 1, 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$7.81K	-283	-2.07%	$27.58	13.4K	Jan 1, 2023	Direct	F2
transaction	HMST	Common Stock	Options Exercise	$0	+646	+4.83%	$0.00	14K	Jan 1, 2023	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$5.41K	-196	-1.4%	$27.58	13.8K	Jan 1, 2023	Direct	F2
holding	HMST	Common Stock						538	Jan 1, 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	+3.74K		$0.00	3.74K	Jan 1, 2023	Common Stock	3.74K		Direct	F1, F4
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-935	-50%	$0.00	935	Jan 1, 2023	Common Stock	935		Direct	F1, F5
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-646	-33.3%	$0.00	1.29K	Jan 1, 2023	Common Stock	646		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 3,736 RSUs, of which 1,245 shares vest on each of January 1, 2024 and January 1, 2025, and 1,246 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 2,805 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 1,940 RSUs, of which 646 shares vest on January 1, 2023 and 647 shares vest each on January 1, 2024 and 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.