4//SEC Filing
STRAUS DAVID H 4
Accession 0001518715-18-000287
CIK 0001518715other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 2:18 PM ET
Size
9.9 KB
Accession
0001518715-18-000287
Insider Transaction Report
Form 4
HomeStreet, Inc.HMST
STRAUS DAVID H
EVP, Commercial Banking Dir.
Transactions
- Exercise/Conversion
Common Stock
2018-11-01+1,817→ 17,298 total - Award
Common Stock
2018-11-02$27.01/sh−442$11,938→ 16,856 total - Exercise/Conversion
Restricted Stock Units
2018-11-01−1,817→ 0 total→ Common Stock (1,817 underlying)
Footnotes (6)
- [F1]Pursuant to the award agreements covering Mr. Straus's Restricted Stock Units ("RSUs"), he received 1,817 shares of common stock upon his retirement from HomeStreet Bank (the "Company") on November 1, 2018 due to the prorated vestings of RSUs granted on January 28, 2016, January 26, 2017 and January 29, 2018 as further described below.
- [F2]Shares sold to cover reporting person's tax liability in connection with the prorated vesting of RSUs upon his retirement from the Company.
- [F3]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.89 to $27.08, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]Each 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.
- [F5]Pursuant to the terms of the applicable award agreements, the reporting person received a prorated portion of RSUs at retirement from the Company. The prorated vesting of each outstanding RSU was as follows: 733 RSUs from an award granted on January 28, 2016, 565 RSUs from an award granted on January 26, 2017 and 519 RSUs from an award granted on January 29, 2018.
- [F6]Upon reporting person's retirement from the Company, the remaining 2,739 unvested RSUs granted to the reporting person pursuant to such awards were cancelled.
Documents
Issuer
HomeStreet, Inc.
CIK 0001518715
Entity typeother
Related Parties
1- filerCIK 0001216679
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 2:18 PM ET
- Size
- 9.9 KB