Phillip Martin Miller - Sep 14, 2021 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role: Chief Operating Officer
Signature: /s/ Jean Weng, Attorney-in-Fact
Stock symbol: HMPT
Transactions as of: Sep 14, 2021
Transactions value $: -$48,908
Form type: 4
Date filed: 9/16/2021, 05:38 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMPT	Common Stock	Options Exercise	$102K	+53.9K	+211.03%	$1.89	79.5K	Sep 14, 2021	Direct
transaction	HMPT	Common Stock	Tax liability	-$151K	-38K	-47.8%	$3.97	41.5K	Sep 14, 2021	Direct	F1

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	HMPT	Stock Options (Right to Buy)	Options Exercise		-53.9K	-40%		80.9K	Sep 14, 2021	Common Stock	53.9K	$1.89	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld to pay the exercise price of the options and the payment of taxes.
F2	These stock options vest over five years, with 40 percent of the grant vesting based on continued service through September 11, 2021 and 20 percent of the grant vesting on each of the subsequent anniversaries of such date.
F3	These options represent "substitute" options which were granted in exchange for options previously granted to the Reporting Person by Home Point Capital LP that were exercisable for interests in Home Point Capital LP, in connection with the merger of Home Point Capital LP with and into Home Point Capital Inc. These options have the same intrinsic value as the options they replaced. The options were previously reported on the Issuer's Form 3 and Form 4/A filed on January 29, 2021 and March 8, 2021, respectively.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.