Mechanics Bancorp — Director's Dealing 2019

Mar 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2019-03-08

Reporting Person: MASON MARK K (Director, CEO, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-08	Common Stock	M	3760	—	Acquired	145844	Direct
2019-03-08	Common Stock	F	1480	$26.70	Disposed	144364	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-08	Restricted Stock Units	$	M	3760	Disposed		Common Stock (3760.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	300	Indirect

Footnotes

F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on March 8, 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 March 8, 2017, the reporting person was granted 11,280 RSUs, which vest incrementally in equal amounts on March 8, 2018, March 8, 2019 and March 8, 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 3,015 RSUs granted on January 26, 2017, which vest on January 26, 2020, 3,760 RSUs granted on March 8, 2017, which vest on March 8, 2020, and 5,786 granted on January 29, 2018, which vest incrementally in equal amounts on January 29, 2020 and January 29, 2021, 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.