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: MICHEL JOHN (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock	M	1302	—	Acquired	41302	Direct
2023-01-01	Common Stock	M	882	—	Acquired	42184	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-01	Restricted Stock Units	$	A	5098	Acquired		Common Stock (5098.0)	Direct
2023-01-01	Restricted Stock Units	$	M	1302	Disposed		Common Stock (1302.0)	Direct
2023-01-01	Restricted Stock Units	$	M	882	Disposed		Common Stock (882.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	28535	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: Excludes 7,740 shares transferred to the J. Michel and R. Michel TTEE, The Michel Family Tr U/A DTD 6/14/18 subsequent to the prior Form 4 filed for this reporting person.

F3: Includes 7,740 shares which were held directly and transferred to the J. Michel and R. Michel TTEE, The Michel Family Tr U/A DTD 6/14/18 subsequent to the prior Form 4 filed for this reporting person.

F4: Mr. Michel and his spouse, Rosetta Michel, are the co-trustees and beneficiaries of the J Michel and R Michel TTEE, The Michel Family Tr U/A DTD 6/14/18, and share voting and investment power over the assets of the trust.

F5: On January 1, 2023, the reporting person was granted 5,098 RSUs, of which 1,699 shares vest on each of January 1, 2024 and January 1, 2025, and 1,700 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.

F6: On January 1, 2021, the reporting person was granted 3,905 RSUs, of which 1,301 shares vest on January 1, 2022 and 1,302 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.

F7: On January 1, 2022, the reporting person was granted 2,647 RSUs, of which 882 shares vest on each of January 1, 2023 and January 1, 2024, and 883 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.