Miller Phillip Martin 4/A
4/A · Home Point Capital Inc. · Filed Mar 8, 2021
Insider Transaction Report
Form 4/AAmended
Miller Phillip Martin
Chief Operating Officer
Transactions
- Sale
Common Stock
2021-02-02$12.15/sh−1,409$17,126→ 25,554 total - Award
Stock Options (Right to Buy)
2021-01-29+134,818→ 134,818 totalExercise: $1.89Exp: 2029-09-11→ Common Stock (134,818 underlying)
Footnotes (3)
- [F1]This amount represents the $13.00 initial public offering price per share of Issuer common stock ("Common Stock") less the underwriting discount of $0.845 per share for shares sold in the Issuer's initial public offering.
- [F2]These stock options vest over five years, with 40 percent of the grant vesting based on continued service through September 11, 2021 and 20 percent of the grant vesting on each of the subsequent anniversaries of such date.
- [F3]These options represent "substitute" options which were granted in exchange for options previously granted to the Reporting Person by Home Point Capital LP that were exercisable for interests in Home Point Capital LP, in connection with the merger of Home Point Capital LP with and into Home Point Capital Inc. These options have the same intrinsic value as the options they replaced. The options were previously reported on the Issuer's Form 3 filed on January 29, 2021.