Paulette Lemon - Jan 1, 2024 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role
EVP - Retail Banking Director
Signature
/s/ Godfrey B. Evans, Attorney-in-Fact for Paulette Lemon
Stock symbol
HMST
Transactions as of
Jan 1, 2024
Transactions value $
-$4,635
Form type
4
Date filed
1/4/2024, 09:13 PM
Previous filing
Mar 30, 2023
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMST Common Stock Options Exercise +471 +2.96% 16.4K Jan 1, 2024 Direct F1
transaction HMST Common Stock Tax liability -$1.49K -145 -0.88% $10.30 16.2K Jan 1, 2024 Direct F2
transaction HMST Common Stock Options Exercise +335 +2.06% 16.6K Jan 1, 2024 Direct F1
transaction HMST Common Stock Tax liability -$1.07K -104 -0.63% $10.30 16.5K Jan 1, 2024 Direct F2
transaction HMST Common Stock Options Exercise +651 +3.95% 17.1K Jan 1, 2024 Direct F1
transaction HMST Common Stock Tax liability -$2.07K -201 -1.17% $10.30 16.9K Jan 1, 2024 Direct F2
holding HMST Common Stock 2.4K Jan 1, 2024 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 +6.39K $0.00 6.39K Jan 1, 2024 Common Stock 6.39K Direct F1, F4
transaction HMST Restricted Stock Units Options Exercise $0 -471 -100% $0.00* 0 Jan 1, 2024 Common Stock 471 Direct F1, F5
transaction HMST Restricted Stock Units Options Exercise $0 -335 -50% $0.00 335 Jan 1, 2024 Common Stock 335 Direct F1, F6
transaction HMST Restricted Stock Units Options Exercise $0 -651 -33.32% $0.00 1.3K Jan 1, 2024 Common Stock 651 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 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. The amount of shares held in the 401(k) Plan is as of January 1, 2024.
F4 On January 1, 2024, the reporting person was granted 6,389 RSUs, of which 2,129 shares vest on January 1, 2025 and 2,130 shares vest each on 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 1,412 RSUs, of which 470 shares vest on January 1, 2022 and 471 shares vest each on January 1, 2023 and January 1, 2024. 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 1,005 RSUs, which vest incrementally in equal amounts on January 1, 2023, January 1, 2024, and January 1, 2025, 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.
F7 On January 1, 2023, the reporting person was granted 1,954 RSUs, of which 651 shares vest on each of January 1, 2024 and January 1, 2025, and 652 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.