Weng Jean 4
4 · Home Point Capital Inc. · Filed May 8, 2023
Insider Transaction Report
Form 4
Weng Jean
General Counsel
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-05-04−17,656→ 39,642 total→ Common Stock (17,656 underlying) - Exercise/Conversion
Common Stock
2023-05-04+17,656→ 34,175 total - Tax Payment
Common Stock
2023-05-04$1.68/sh−7,117$11,957→ 27,058 total
Footnotes (4)
- [F1]Represents settlement of restricted stock units ("RSUs") through the issuance of one share of the Issuer's common stock for each vested RSU.
- [F2]Shares of the Issuer's common stock withheld by the Issuer to satisfy the tax withholding requirement upon vesting of the RSUs. No shares of the Issuer's common stock were sold as part of this transaction.
- [F3]Each RSU represents a conditional right to receive one share of the Issuer's common stock. The RSUs will be settled in the Issuer's common stock or cash (or a combination thereof) at the discretion of the Issuer.
- [F4]52,966 RSUs were granted on May 4, 2021, which vest over three years, with one-third of the grant vesting based on continued service through the first anniversary of May 4, 2021 and one-third of the grant vesting on each of the subsequent anniversaries of such date.