HomeStreet, Inc. 4

Accession 0001518715-17-000040

$MCHBCIK 0001518715operating

View on SEC.gov Company Profile

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 5:32 PM ET

Size

349.2 KB

Accession

0001518715-17-000040

Insider Transaction Report

Form 4

Period: 2017-01-26

HomeStreet, Inc.HMST

GREENWALD SUSAN C

SVP - Single Fam Op Director

Transactions

Exercise/Conversion
Restricted Stock Units
2017-01-28−455→ 3,369 total
→ Common Stock (455 underlying)
Exercise/Conversion
Common Stock
2017-01-29+471→ 6,381.4 total
Award
Restricted Stock Units
2017-01-26+1,053→ 3,824 total
→ Common Stock (1,053 underlying)
Exercise/Conversion
Restricted Stock Units
2017-01-29−471→ 2,898 total
→ Common Stock (471 underlying)
Exercise/Conversion
Common Stock
2017-01-28+455→ 5,910.4 total
Award
Performance Share Units
2017-01-26+1,580→ 7,836 total
Exercise: $0.00→ Common Stock (1,580 underlying)

Holdings

Common Stock
(indirect: By 401(k))
7,117.72

Footnotes (10)

[F1]Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on January 28, 2016.
[F10]The reporting person's remaining RSUs also include 464 RSUs granted on May 29, 2014, which vest on May 29, 2017, 471 RSUs granted on January 29, 2015, which vest on January 29, 2018 and 910 RSUs granted on January 28 2016, which vest incrementally in equal amounts on January 28, 2018 and January 28, 2019, 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 have vested.
[F2]Common stock acquired upon vesting of RSUs granted on January 29, 2015.
[F3]Participants in HomeStreet, Inc.'s 401(k) Savings Plan, or the "401(k) Plan", have the authority to direct voting of shares they hold through the 401(k) Plan.
[F4]Each RSU represents a contingent right to receive one share of HomeStreet common stock.
[F5]On January 26, 2017, the reporting person was granted 1,053 RSUs, which vest incrementally in equal amounts on January 26, 2018, January 26, 2019 and January 26, 2020, 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 have vested.
[F6]The number of performance share units ("PSUs") represents the maximum number of shares of HomeStreet common stock to which the reporting person will be entitled. The target number of shares associated with the grant is 1,053 shares of common stock. Each PSU represents one share of common stock and will vest depending on the achievement of certain specified performance criteria including the return on average equity for each of HomeStreet's 12 fiscal quarters completed from January 1, 2017 through December 31, 2019.
[F7]The PSUs are scheduled to vest in the first quarter of 2020 when the HomeStreet, Inc. Human Resources and Corporate Governance Committee certifies the achievement of the performance goals in accordance with the provisions of the reporting person's award agreement. In the event of a change in control, all outstanding PSUs may vest under certain circumstances at the target award level on the effective date of the change in control.
[F8]On January 28, 2016, the reporting person was granted 1,365 RSUs, which vest incrementally in equal amounts on January 28, 2017, January 28, 2018 and January 28, 2019, 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 have vested.
[F9]On January 29, 2015, the reporting person was granted 1,413 RSUs, which vest incrementally in equal amounts on January 29, 2016, January 29, 2017 and January 29, 2018, 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 have vested.

Documents

3 files

Issuer

HomeStreet, Inc.

CIK 0001518715

→

Entity typeoperating

IncorporatedWA

Related Parties

filerCIK 0001518715

Filing Metadata

Form type: 4
Filed: Jan 29, 7:00 PM ET
Accepted: Jan 30, 5:32 PM ET
Size: 349.2 KB

View on SEC.gov