Mechanics Bancorp — Director's Dealing 2021

May 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2021-05-26

Reporting Person: MICHEL JOHN (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-26	Common Stock	M	1807	—	Acquired	30807	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-26	Restricted Stock Units	$	M	1807	Disposed		Common Stock (1807.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8140	Indirect

Footnotes

F1: Mr. Michel and his spouse, Rosetta Michel, are the co-trustees and beneficiaries of the J Michel and R Michel TTEE, The Michel Family Tr U/A DTD 6/14/18, and share voting and investment power over the assets of the trust.

F2: Each Restricted Stock Unit ("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 May 26, 2020, the reporting person was granted 5,421 RSUs, which vest incrementally in equal amounts on May 26, 2021, May 26, 2022, and May 26, 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.

F4: The reporting person's remaining RSUs includes 15,480 RSUs granted on May 11, 2020, which vest incrementally in equal amounts on November 11, 2021 and November 11, 2022, respectively, 3,614 RSUs granted on May 26, 2020, which vest incrementally in equal amounts on May 26, 2022 and May 26, 2023, respectively and 3,905 RSUs granted on January 1, 2021, of which 1,301 shares vest on January 1, 2022, and 1,302 shares vest on each of January 1, 2022 and January 1, 2024. 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.