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: MASON MARK K (Director, CEO, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock	M	3865	—	Acquired	179151	Direct
2023-01-01	Common Stock	F	1749	$27.58	Disposed	177402	Direct
2023-01-01	Common Stock	M	2570	—	Acquired	179972	Direct
2023-01-01	Common Stock	F	1120	$27.58	Disposed	178852	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-01	Restricted Stock Units	$	A	14848	Acquired		Common Stock (14848.0)	Direct
2023-01-01	Restricted Stock Units	$	M	3865	Disposed		Common Stock (3865.0)	Direct
2023-01-01	Restricted Stock Units	$	M	2570	Disposed		Common Stock (2570.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1375	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: These shares are owned by the reporting person's spouse. Mr. Mason disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have therein.

F4: On January 1, 2023, the reporting person was granted 14,848 RSUs, of which 4,949 shares vest on each of January 1, 2024 and January 1, 2025, and 4,950 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 11,595 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.

F6: On January 1, 2022, the reporting person was granted 7,710 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.