Mechanics Bancorp — Director's Dealing 2020

Apr 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2020-03-28

Reporting Person: VAN AMEN DARRELL (EVP, Chief Investment Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-28	Common Stock	M	980	—	Acquired	51775	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-28	Restricted Stock Units	$	A	3708	Acquired		Common Stock (3708.0)	Direct
2020-03-28	Restricted Stock Units	$	M	980	Disposed		Common Stock (980.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Indirect
Common Stock	2286.696	Indirect

Footnotes

F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on March 28, 2019.

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 March 13, 2020.

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 March 28, 2020, the reporting person was granted 3,708 RSUs, which vest incrementally in equal amounts on March 28, 2021, March 28, 2022 and March 28, 2023, 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: On March 28, 2019, the reporting person was granted 2,940 RSUs, 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.

F6: The reporting person's remaining RSUs includes 816 RSUs granted on January 29, 2018, which vest on January 29, 2021, 1,960 RSUs granted on March 28, 2019, which vest incrementally in equal amounts on March 28, 2021 and March 28, 2022, respectively and 3,708 RSUs granted on March 28, 2020, which vest incrementally in equal amounts on March 28, 2021, March 28, 2022 and March 28, 2023, 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.