William Endresen - Mar 28, 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
Mar 28, 2023
Transactions value $
-$6,675
Form type
4
Date filed
3/30/2023, 03:07 PM
Previous filing
Jan 4, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMST Common Stock Options Exercise $0 +1.46K +10.57% $0.00 15.3K Mar 28, 2023 Direct F1
transaction HMST Common Stock Tax liability -$6.68K -356 -2.33% $18.75 14.9K Mar 28, 2023 Direct F2
holding HMST Common Stock 538 Mar 28, 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 Options Exercise $0 -1.46K -100% $0.00* 0 Mar 28, 2023 Common Stock 1.46K 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 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 March 28, 2020, the reporting person was granted 4,383 RSUs, which vested incrementally in equal amounts on March 28, 2021, March 28, 2022, and March 28, 2023, respectively. Upon vesting, the reporting person received a number of shares of HomeStreet common stock equal to the number of RSUs that vested on that date.