Mechanics Bancorp — Director's Dealing 2023

Jan 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HomeStreet, Inc. (HMST)
CIK: 0001518715
Period of Report: 2023-01-01

Reporting Person: Hand Erik D (EVP, Mortgage Lending Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock	M	244	—	Acquired	3442	Direct
2023-01-01	Common Stock	M	167	—	Acquired	3609	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-01	Restricted Stock Units	$	A	966	Acquired		Common Stock (966.0)	Direct
2023-01-01	Restricted Stock Units	$	M	244	Disposed		Common Stock (244.0)	Direct
2023-01-01	Restricted Stock Units	$	M	167	Disposed		Common Stock (167.0)	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, 2023, the reporting person was granted 966 RSUs, which vest incrementally in equal amounts on January 1, 2024, January 1, 2025, and January 1, 2026, 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.

F3: On January 1, 2021, the reporting person was granted 732 RSUs, 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.

F4: On January 1, 2022, the reporting person was granted 502 RSUs, of which 167 shares vest on each of January 1, 2023 and January 1, 2024, and 168 shares vest on January 1, 2025. 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.