Diane P. Novak - Jan 1, 2024 Form 4 Insider Report for HomeStreet, Inc. (HMST)

Role: EVP, CHIEF RISK OFFICER
Signature: /s/ Godfrey B. Evans, Attorney in fact for Diane P. Novak
Stock symbol: HMST
Transactions as of: Jan 1, 2024
Transactions value $: -$2,833
Form type: 4
Date filed: 1/4/2024, 09:15 PM
Previous filing: Sep 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMST	Common Stock	Options Exercise		+212	+5.21%		4.28K	Jan 1, 2024	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$680	-66	-1.54%	$10.30	4.21K	Jan 1, 2024	Direct	F2
transaction	HMST	Common Stock	Options Exercise		+145	+3.44%		4.36K	Jan 1, 2024	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$464	-45	-1.03%	$10.30	4.31K	Jan 1, 2024	Direct	F2
transaction	HMST	Common Stock	Options Exercise		+531	+12.31%		4.84K	Jan 1, 2024	Direct	F1
transaction	HMST	Common Stock	Tax liability	-$1.69K	-164	-3.39%	$10.30	4.68K	Jan 1, 2024	Direct	F2

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	+6.46K		$0.00	6.46K	Jan 1, 2024	Common Stock	6.46K		Direct	F1, F3
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-212	-100%	$0.00^*	0	Jan 1, 2024	Common Stock	212		Direct	F1, F4
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-145	-50%	$0.00	145	Jan 1, 2024	Common Stock	145		Direct	F1, F5
transaction	HMST	Restricted Stock Units	Options Exercise	$0	-531	-33.29%	$0.00	1.06K	Jan 1, 2024	Common Stock	531		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	On January 1, 2024, the reporting person was granted 6,456 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.
F4	On January 1, 2021, the reporting person was granted 635 RSUs, of which 211 shares vest on January 1, 2022 and 212 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.
F5	On January 1, 2022, the reporting person was granted 435 RSUs, which vest incrementally in equal amounts on January 1, 2023, 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.
F6	On January 1, 2023, the reporting person was granted 1,595 RSUs, of which 531 shares vest on January 1, 2024 and 532 shares vest each on January 1, 2025 and 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.