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Mechanics Bancorp — Director's Dealing 2019
Sep 13, 2019
31388_dirs_2019-09-12_b099e2f4-29fb-4ab0-ab88-6d88b8c9cb6a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2019-09-11
Reporting Person: Ruh Mark R (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-11 | Common Stock | M | 1361 | — | Acquired | 7978 | Direct |
| 2019-09-11 | Common Stock | F | 332 | $28.27 | Disposed | 7646 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-11 | Restricted Stock Units | $ | M | 1361 | Disposed | Common Stock (1361.0) | Direct |
Footnotes
F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on September 11, 2017.
F2: Each RSU represents a contingent right to receive one share of HomeStreet common stock. RSUs do not require the holder to pay any consideration on vesting.
F3: On September 11, 2017, the reporting person was granted 4,083 RSUs, which vest incrementally in equal amounts on September 11, 2018, September 11, 2019, and September 11, 2020, respectively. In the event of a change in control, all unvested RSUs may vest immediately under certain circumstances. Upon vesting, the reporting person will receive a number of shares of HomeStreet common stock equal to the number of RSUs that vest on that date.
F4: The reporting person's remaining RSUs includes 557 RSUs granted on January 26, 2017, which vest on January 26, 2020, 1,361 RSUs granted on September 11, 2017, which vest on September 11, 2020, 1,562 RSUs granted on January 29, 2018, which vest incrementally in equal amounts on January 29, 2020 and January 29, 2021, respectively, and 2,733 RSUs granted on March 28, 2019, which vest incrementally in equal amounts on March 28, 2020, March 28, 2021 and March 28, 2022, respectively. In the event of a change in control, all unvested RSUs may vest immediately under certain circumstances. Upon vesting, the reporting person will receive a number of shares of HomeStreet common stock equal to the number of RSUs that vest on that date.