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: LEMON PAULETTE (EVP - Retail Banking Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock	M	471	—	Acquired	15302.20	Direct
2023-01-01	Common Stock	F	143	$27.58	Disposed	15159.20	Direct
2023-01-01	Common Stock	M	335	—	Acquired	15494.20	Direct
2023-01-01	Common Stock	F	102	$27.58	Disposed	15392.20	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-01	Restricted Stock Units	$	A	1954	Acquired		Common Stock (1954.0)	Direct
2023-01-01	Restricted Stock Units	$	M	471	Disposed		Common Stock (471.0)	Direct
2023-01-01	Restricted Stock Units	$	M	335	Disposed		Common Stock (335.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2401.226	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.

F4: On January 1, 2023, the reporting person was granted 1,954 RSUs, of which 651 shares vest on each of January 1, 2024 and January 1, 2025, and 652 shares vest on January 1, 2026. 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 January 1, 2021, the reporting person was granted 1,412 RSUs, of which 470 shares vest on January 1, 2022 and 471 shares vest each on 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.

F6: On January 1, 2022, the reporting person was granted 1,005 RSUs, which vest incrementally in equal amounts on January 1, 2023, January 1, 2024, and January 1, 2025, 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.