Mechanics Bancorp — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2021-01-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-29	Common Stock	M	816	—	Acquired	52591	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-29	Restricted Stock Units	$	M	816	Disposed		Common Stock (816.0)	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 January 29, 2018.

F2: These shares are owned by the reporting person's spouse. Mr. van Amen disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have therein.

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.

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 29, 2018, the reporting person was granted 2,448 RSUs, which vest incrementally in equal amounts on January 29, 2019, January 29,2020, and January 29, 2021, 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 1,960 RSUs granted on March 28 2019, which vest on incrementally in equal amounts on March 28, 2021 and March 28, 2022; 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, and 2,373 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.