Mechanics Bancorp — Director's Dealing 2022

Mar 31, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2022-03-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-28	Common Stock	M	993	—	Acquired	12055	Direct
2022-03-28	Common Stock	F	242	$48.55	Disposed	11813	Direct
2022-03-28	Common Stock	M	1461	—	Acquired	13274	Direct
2022-03-28	Common Stock	F	558	$48.55	Disposed	12716	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-28	Restricted Stock Units	$	M	993	Disposed		Common Stock (993.0)	Direct
2022-03-28	Restricted Stock Units	$	M	1461	Disposed		Common Stock (1461.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	538.136	Indirect

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: Shares withheld by HomeStreet in payment of the withholding tax liability incurred upon the above-reported settlement of RSUs.

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 March 28, 2022.

F4: On March 28, 2019, the reporting person was granted 2,979 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.

F5: On March 28, 2020, the reporting person was granted 4,383 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.