Weng Jean 4
4 · Home Point Capital Inc. · Filed Aug 1, 2023
Insider Transaction Report
Form 4
Weng Jean
General Counsel
Transactions
- Disposition to Issuer
Common Stock
2023-08-01−27,058→ 0 total - Disposition to Issuer
Restricted Stock Units
2023-08-01−39,642→ 0 total→ Common Stock (39,642 underlying) - Disposition to Issuer
Performance Stock Units
2023-08-01−85,947→ 0 total→ Common Stock (85,947 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of May 10, 2023, by and among Home Point Capital Inc., Mr. Cooper Group Inc. and Heisman Merger Sub, Inc. ("the "Merger Agreement"), each share of the Issuer's common stock was exchanged for the right to receive a cash payment of $2.33 without interest, and subject to any required tax withholding.
- [F2]Pursuant to the Merger Agreement, each of these restricted stock units and performance stock units was automatically vested and cancelled in exchange for a lump sum cash payment of $2.33.