Maria N. Fregosi - 01 Mar 2022 Form 4 Insider Report for Home Point Capital Inc.

Role
Chief Investment Officer
Signature
/s/ Maria N. Fregosi
Issuer symbol
N/A
Transactions as of
01 Mar 2022
Net transactions value
-$7,156
Form type
4
Filing time
02 Mar 2022, 15:32:58 UTC
Previous filing
20 Jul 2021
Next filing
25 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMPT Common Stock Options Exercise $25,075 +13,481 +5.6% $1.86 252,642 01 Mar 2022 Direct
transaction HMPT Common Stock Options Exercise $7,845 +4,044 +1.6% $1.94 256,686 01 Mar 2022 Direct
transaction HMPT Common Stock Tax liability $40,076 -12,763 -5% $3.14 243,923 01 Mar 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 -13,481 -33% 26,964 01 Mar 2022 Common Stock 13,481 $1.86 Direct F2, F3
transaction HMPT Stock Options (Right to Buy) Options Exercise -4,044 -33% 8,089 01 Mar 2022 Common Stock 4,044 $1.94 Direct F3, F4
* 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 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 March 19, 2021.
F4 These stock options vest over five years, with 40 percent of the grant vesting based on continued service through April 16, 2020 and 20 percent of the grant vesting on each of the subsequent anniversaries of such date.