Phillip Shoemaker Jr. - Feb 28, 2022 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role: President of Originations
Signature: /s/ Jean Weng, Attorney-in-Fact
Stock symbol: HMPT
Transactions as of: Feb 28, 2022
Transactions value $: $139,500
Form type: 4
Date filed: 2/28/2022, 03:53 PM
Previous filing: May 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMPT	Common Stock	Options Exercise	$140K	+75K	+34.43%	$1.86	293K	Feb 28, 2022	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		-75K	-23.18%		249K	Feb 28, 2022	Common Stock	75K	$1.86	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Transaction involved a cash exercise of options to purchase shares of the Issuer's common stock. No shares of the Issuer's common stock were sold as part of this transaction.
F2	These stock options vest over five years, with 40 percent of the grant vesting based on continued service through December 5, 2020 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 filed on January 29, 2021 and on the Issuer's Form 4s filed on February 4, 2021 and May 10, 2021.