Mark Elbaum - Feb 10, 2022 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role
Chief Financial Officer
Signature
/s/ Jean Weng, Attorney-in-Fact
Stock symbol
HMPT
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/11/2022, 04:10 PM
Next filing
May 5, 2022

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 Restricted Stock Units Award $0 +33K +62.27% $0.00 85.9K Feb 10, 2022 Common Stock 33K Direct F1, F2
transaction HMPT Performance Stock Units Award $0 +33K +62.27% $0.00 85.9K Feb 10, 2022 Common Stock 33K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock unit represents a conditional right to receive one share of the Issuer's common stock. The stock units will be settled in the Issuer's common stock or cash (or a combination thereof) at the discretion of the Issuer.
F2 These restricted stock units vest over three years, with one-third of the grant vesting based on continued service through the first anniversary of February 10, 2022 and one-third of the grant vesting on each of the subsequent anniversaries of such date.
F3 Vesting of the performance stock units depends on the achievement of certain performance criteria. Depending on actual performance, the number of shares of the Issuer's common stock delivered upon the vesting date can range from 0% to 150% of the number presented above.