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Mechanics Bancorp — Director's Dealing 2019
Jan 30, 2019
31388_dirs_2019-01-29_b7b45698-2d94-4244-a29a-477a15ac729b.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: 2019-01-26
Reporting Person: Schultz Edward (EVP, Dir. of Comm'l Banking)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-26 | Common Stock | M | 766 | — | Acquired | 1924 | Direct |
| 2019-01-26 | Common Stock | F | 228 | $24.32 | Disposed | 1696 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-26 | Restricted Stock Units | $ | M | 766 | Disposed | Common Stock (766.0) | Direct |
Footnotes
F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on January 26, 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 January 26, 2017, the reporting person was granted 2,298 RSUs, which vest incrementally in equal amounts on January 26, 2018, January 26, 2019, and January 26, 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: As of January 28, 2019, the reporting person's remaining RSUs includes 5,439 RSUs granted on June 30, 2016, which vest on June 30, 2019, 766 RSUs granted on January 26, 2017, which vest on January 26, 2020, 2,316 RSUs granted on November 1, 2017, which vest incrementally in equal amounts on November 1, 2019 and November 1, 2020, and 2,232 RSUs granted on January 29, 2018, 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.