Timothy R. Morse - 01 Aug 2023 Form 4 Insider Report for Home Point Capital Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Aug 2023, 16:06:04 UTC
Prior SEC filing
05 May 2023
Next SEC filing
10 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jean Weng, by Power of Attorney

Key filing fact

Timothy R. Morse filed Form 4 for Home Point Capital Inc. on 01 Aug 2023.

Key facts

  • This page summarizes Timothy R. Morse's Form 4 filing for Home Point Capital Inc..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 01 Aug 2023, 16:06.

Change

  • Previous filing in this sequence was filed on 05 May 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HMPT transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-12,964
Change %
-100%
Price
Shares after
0
Date
01 Aug 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HMPT transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-26,385
Change %
-100%
Price
Shares after
0
Date
01 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,385
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Timothy R. Morse is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of May 10, 2023, by and among Home Point Capital Inc., Mr. Cooper Group Inc. and Heisman Merger Sub, Inc. (the "Merger Agreement"), each share of the Issuer's common stock was exchanged for the right to receive a cash payment of $2.33 without interest, and subject to any required tax withholding.

Footnote F2

Pursuant to the Merger Agreement, each of these restricted stock units was automatically vested and cancelled in exchange for a lump sum cash payment of $2.33.

Footnote F3

The reported securities were the Issuer's restricted stock units that were vested on the date of the first regularly scheduled meeting of the stockholders of the Issuer in fiscal year 2023 but for which the reporting person previously elected deferred settlement.

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