Mechanics Bancorp — Director's Dealing 2019

Jan 31, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2019-01-29

Reporting Person: Endresen William (EVP, Comm'l RE & Capital Pres.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-29	Common Stock	M	868	—	Acquired	2305	Direct
2019-01-29	Common Stock	F	212	$24.58	Disposed	2093	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-29	Restricted Stock Units	$	M	868	Disposed		Common Stock (868.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	450.569	Indirect

Footnotes

F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on January 29, 2018.

F2: Participants in HomeStreet Inc.'s 401(k) Savings Plan, or the "401(k) Plan", have the authority to direct voting of shares they hold through the 401(k) Plan. The amount of shares held in the 401(k) Plan is as of January 24, 2019.

F3: 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.

F4: On January 29, 2018, the reporting person was granted 2,604 RSUs, which vest incrementally in equal amounts on January 29, 2019, 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.

F5: The reporting person's remaining RSUs includes 743 RSUs granted on January 26, 2017, which vest on January 26, 2020, and 1,736 RSUs 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.