Mechanics Bancorp — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: LEMON PAULETTE (EVP - Retail Banking Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-01	Restricted Stock Units	$0.0	A	1412	Acquired		Common Stock (1412.0)	Direct

Footnotes

F1: 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.

F2: On January 1, 2021, the reporting person was granted 1,412 RSUs, of which 470 shares vest on January 1, 2022, and 471 shares vest on each of January 1, 2023 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.

F3: The reporting person's remaining RSUs includes 486 RSUs granted on January 29, 2018, which vest on January 29, 2021, 1,166 RSUs granted on March 28, 2019, which vest incrementally in equal amounts on March 28, 2021 and March 28, 2022, respectively, 2,208 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 1,412 RSUs granted on January 1, 2021, of which 470 shares vest on January 1, 2022, and 471 shares vest on each of January 1, 2023 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.