Darrell Van Amen - Jan 1, 2024 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role
EVP, Chief Investment Officer
Signature
/s/ Godfrey B. Evans, Attorney in fact for Darrell van Amen
Stock symbol
HMST
Transactions as of
Jan 1, 2024
Transactions value $
-$7,395
Form type
4
Date filed
1/4/2024, 09:13 PM
Previous 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 +791 +1% 80.2K Jan 1, 2024 Direct F1
transaction HMST Common Stock Tax liability -$2.46K -239 -0.3% $10.30 79.9K Jan 1, 2024 Direct F2
transaction HMST Common Stock Options Exercise +542 +0.68% 80.5K Jan 1, 2024 Direct F1
transaction HMST Common Stock Tax liability -$1.69K -164 -0.2% $10.30 80.3K Jan 1, 2024 Direct F2
transaction HMST Common Stock Options Exercise +1.04K +1.3% 81.4K Jan 1, 2024 Direct F1
transaction HMST Common Stock Tax liability -$3.24K -315 -0.39% $10.30 81K Jan 1, 2024 Direct F2
holding HMST Common Stock 3K Jan 1, 2024 Jeanie van Amen, Mr. van Amen's spouse 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 +9.85K $0.00 9.85K Jan 1, 2024 Common Stock 9.85K Direct F1, F4
transaction HMST Restricted Stock Units Options Exercise $0 -791 -100% $0.00* 0 Jan 1, 2024 Common Stock 791 Direct F1, F5
transaction HMST Restricted Stock Units Options Exercise $0 -542 -50% $0.00 542 Jan 1, 2024 Common Stock 542 Direct F1, F6
transaction HMST Restricted Stock Units Options Exercise $0 -1.04K -33.32% $0.00 2.09K Jan 1, 2024 Common Stock 1.04K Direct F1, F7
* 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 These shares are owned by the reporting person's spouse. Mr. van Amen disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have therein.
F4 On January 1, 2024, the reporting person was granted 9,849 RSUs, which vest incrementally in equal amounts on January 1, 2025, January 1, 2026 and January 1, 2027. 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 2,373 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 1,625 RSUs, of which 541 shares vest on January 1, 2023 and 542 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.
F7 On January 1, 2023, the reporting person was granted 3,130 RSUs, of which 1,043 shares vest on each of January 1, 2024 and January 1, 2025, and 1,044 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.