Mechanics Bancorp — Director's Dealing 2012

Sep 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2012-09-10

Reporting Person: LEACH PATRICIA A (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-10	Common Stock	M	2002	$1.50	Acquired	11413.20	Direct
2012-09-10	Common Stock	S	2002	$35.26	Disposed	9411.20	Direct
2012-09-12	Common Stock	M	2798	$1.50	Acquired	12209.20	Direct
2012-09-12	Common Stock	S	2798	$34.59	Disposed	9411.20	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-10	Employee Stock Option (Right To Buy)	$1.5	M	2002	Disposed	2020-11-29	Common Stock (2002.0)	Direct
2012-09-12	Employee Stock Option (Right To Buy)	$1.5	M	2798	Disposed	2020-11-29	Common Stock (2798.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9600.907	Indirect

Footnotes

F1: In June 2012, the reporting person acquired 782.615 shares of HomeStreet, Inc. common stock under the HomeStreet, Inc. Employee Stock Ownership Plan pursuant to an annual distribution and diversification of plan shares.

F2: These shares were previously held in the HomeStreet Inc. Employee Stock Ownership Plan, which merged into the HomeStreet, Inc. 401(k) Savings Plan, or 401(k) Plan, on July 26, 2012. Participants in HomeStreet, Inc.'s 401(k) Savings Plan have the authority to direct voting of shares they hold through the 401(k) Plan.

F3: The option, representing a right to purchase a total of 6,400 shares, becomes exercisable by its terms 25% on the date of grant (November 29, 2010), 25% on the earlier of the first anniversary of the date of grant or upon a capital raise by the issuer, 25% on the earlier of the second anniversary of the date of grant or the lifting of a cease and desist order related to HomeStreet Bank that was in place at the time of the grant, and 25% on the third anniversary of the date of grant. As of the date of exercise of this option, it was vested as to 75%.