Schultz Edward 4
4 · HomeStreet, Inc. · Filed Jan 28, 2020
Insider Transaction Report
Form 4
HomeStreet, Inc.HMST
Schultz Edward
EVP, Dir. of Comm'l Banking
Transactions
- Exercise/Conversion
Common Stock
2020-01-26+766→ 7,975 total - Exercise/Conversion
Restricted Stock Units
2020-01-26−766→ 5,250 total→ Common Stock (766 underlying) - Tax Payment
Common Stock
2020-01-26$32.46/sh−230$7,466→ 7,745 total
Footnotes (4)
- [F1]Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on January 26, 2017.
- [F2]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.
- [F3]On January 26, 2017, the reporting person was granted 2,298 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 vest on that date.
- [F4]The reporting person's remaining RSUs includes 1,158 RSUs granted on November 1, 2017, which vest on November 1, 2020, 1,488 RSUs granted on January 29, 2018, which vest incrementally in equal amounts on January 29, 2020 and January 29, 2021, respectively, and 2,604 granted on March 28, 2019, which vest incrementally in equal amounts on March 28, 2020, March 28, 2021 and March 28, 2022, 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 vest on that date.