Mechanics Bancorp — Director's Dealing 2020

Nov 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2020-11-01

Reporting Person: Schultz Edward (EVP, Dir. of Comm'l Banking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-01	Common Stock	M	1158	—	Acquired	10080	Direct
2020-11-01	Common Stock	F	282	$31.07	Disposed	9798	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-01	Restricted Stock Units	$	M	1158	Disposed		Common Stock (1158.0)	Direct

Footnotes

F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on November 1, 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 November 1, 2017, the reporting person was granted 3,474 RSUs, which vested incrementally in equal amounts on November 1, 2018, November 1, 2019, and November 1, 2020, respectively. Upon vesting, the reporting person received 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 include 744 RSUs granted on January 29, 2018, which were scheduled to vest on January 29, 2021, 1,736 RSUs granted on March 28, 2019, which were scheduled to vest in equal amounts on March 28, 2021 and March 28, 2022, respectively, and 3,285 RSUs granted on March 28, 2020 that were scheduled to vest incrementally in equal amounts on March 28, 2021, March 28, 2022 and March 28, 2023, respectively. The reporting person resigned from the Company effective November 2, 2020, at which time all remaining RSUs were forfeited.