Mechanics Bancorp — Director's Dealing 2020

Jan 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2020-01-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-26	Common Stock	M	743	—	Acquired	2836	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-26	Restricted Stock Units	$	M	743	Disposed		Common Stock (743.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	352.597	Indirect

Footnotes

F1: Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on January 26, 2017.

F2: Since the date of the reporting person's last ownership report, he transferred 252.2 shares of HomeStreet common stock previously held through the Company's 401(k) plan to his former spouse pursuant to a domestic relations order. The reporting person no longer has an ownership interest in those shares.

F3: 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, 2020.

F4: 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.

F5: On January 26, 2017, the reporting person was granted 2,229 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.

F6: The reporting person's remaining RSUs includes 1,736 RSUs granted on January 29, 2018, which vest incrementally in equal amounts on January 29, 2020 and January 29, 2021, respectively, and 2,979 RSUs granted on March 28, 2019, 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.