Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HMPT | Common Stock | Options Exercise | $7.85K | +4.04K | +1.66% | $1.94 | 248K | May 24, 2022 | Direct | |
transaction | HMPT | Common Stock | Tax liability | -$9.65K | -2.56K | -1.03% | $3.77 | 245K | May 24, 2022 | Direct | F1 |
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 | -4.04K | -49.99% | 4.05K | May 24, 2022 | Common Stock | 4.04K | $1.94 | Direct | F2, F3 |
Id | Content |
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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 April 16, 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, March 19, 2021, and March 2, 2022. |