Mechanics Bancorp — Director's Dealing 2021

Mar 31, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2021-03-28

Reporting Person: MASON MARK K (Director, CEO, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-28	Common Stock	M	3307	—	Acquired	157035	Direct
2021-03-28	Common Stock	F	998	$45.77	Disposed	156037	Direct
2021-03-28	Common Stock	M	4091	—	Acquired	160128	Direct
2021-03-28	Common Stock	F	1610	$45.77	Disposed	158518	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-28	Restricted Stock Units	$	M	3307	Disposed		Common Stock (3307.0)	Direct
2021-03-28	Restricted Stock Units	$	M	4091	Disposed		Common Stock (4091.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	300	Indirect

Footnotes

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

F2: Common stock acquired upon vesting of RSUs granted on March 28, 2020.

F3: These shares are owned by the reporting person's spouse. Mr. Mason disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have therein.

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 March 28, 2019, the reporting person was granted 9,921 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: On March 28, 2020, the reporting person was granted 12,273 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.

F7: The reporting person's remaining RSUs includes 3,307 RSUs granted on March 28 2019, which vest on March 28, 2022; 8,182 RSUs granted on March 28, 2020, which vest incrementally in equal amounts on March 28, 2022 and March 28, 2023, respectively, and 11,595 RSUs granted on January 1, 2021, which vest incrementally in equal amounts on January 1, 2022, January 1, 2023 and January 1, 2024, 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.