Salle Andrew Bon - Jun 7, 2022 Form 4 Insider Report for Home Point Capital Inc. (HMPT)

Role
Director
Signature
/s/ Jean Weng, Attorney-in-Fact
Stock symbol
HMPT
Transactions as of
Jun 7, 2022
Transactions value $
-$153,845
Form type
4
Date filed
6/8/2022, 05:58 PM
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HMPT Common Stock Options Exercise $0 +86.4K $0.00 86.4K Jun 7, 2022 Direct F1
transaction HMPT Common Stock Disposed to Issuer -$154K -34.6K -40% $4.45 51.9K Jun 7, 2022 Direct F2

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 Options Exercise $0 -86.4K -100% $0.00* 0 Jun 7, 2022 Common Stock 86.4K Direct F3, F4
transaction HMPT Restricted Stock Units Award $0 +22.5K $0.00 22.5K Jun 7, 2022 Common Stock 22.5K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a conditional right to receive one share of the Issuer's common stock. The reporting person settled 40% of his RSUs for cash and 60% of his RSUs for shares of common stock.
F2 Represents settlement of 40% of the reporting person's RSUs in cash. No shares of Issuer's common stock were sold as part of this transaction.
F3 Each RSU represents a conditional right to receive one share of the Issuer's common stock. The restricted stock units will be settled in the Issuer's common stock or cash (or a combination thereof) at the discretion of the Issuer.
F4 86,430 RSUs were granted on February 2, 2021, which vested on the first regularly scheduled annual meeting of the stockholders of the Issuer in fiscal year 2022.
F5 These RSUs vest on the later of (1) the first regularly scheduled meeting of the stockholders of the Issuer in fiscal year 2023 and (2) the 12 month anniversary of the date of grant.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney