Home/Filings/4/0001830197-21-000037
4//SEC Filing

Shoemaker Jr. Phillip R. 4

Accession 0001830197-21-000037

CIK 0001830197other

Filed

May 9, 8:00 PM ET

Accepted

May 10, 5:07 PM ET

Size

214.4 KB

Accession

0001830197-21-000037

Insider Transaction Report

Form 4
Period: 2021-05-06
Shoemaker Jr. Phillip R.
President of Originations
Transactions
  • Tax Payment

    Common Stock

    2021-05-06$7.72/sh123,361$952,347217,859 total
  • Exercise/Conversion

    Common Stock

    2021-05-06$1.86/sh+215,709$401,219341,220 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2021-05-06215,709323,563 total
    Exercise: $1.86Exp: 2028-12-05Common Stock (215,709 underlying)
Footnotes (4)
  • [F1]Shares withheld to pay the exercise price of the options and the payment of taxes.
  • [F2]These stock options vest over five years, with 40 percent of the grant vesting based on continued service through December 5, 2020 and 20 percent of the grant vesting on each of the subsequent anniversaries of such date.
  • [F3]These options represent "substitute" options which were granted in exchange for options previously granted to the Reporting Person by Home Point Capital LP that were exercisable for interests in Home Point Capital LP, in connection with the merger of Home Point Capital LP with and into Home Point Capital Inc. These options have the same intrinsic value as the options they replaced. The options were previously reported on the Issuer's Form 3 and Form 4 filed on January 29, 2021 and February 4, 2021, respectively.
  • [F4]The number of options has been decreased by one from the Reporting Person's Form 4 filed on February 4, 2021 due to rounding in connection with the exchange for the "substitute options."

Issuer

Home Point Capital Inc.

CIK 0001830197

Entity typeother

Related Parties

1
  • filerCIK 0001842913

Filing Metadata

Form type
4
Filed
May 9, 8:00 PM ET
Accepted
May 10, 5:07 PM ET
Size
214.4 KB