0001518715-16-000214.txt : 20160202 0001518715-16-000214.hdr.sgml : 20160202 20160202213758 ACCESSION NUMBER: 0001518715-16-000214 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160128 FILED AS OF DATE: 20160202 DATE AS OF CHANGE: 20160202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HomeStreet, Inc. CENTRAL INDEX KEY: 0001518715 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 910186600 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2000 TWO UNION SQUARE STREET 2: 601 UNION STREET, STE. 2000 CITY: SEATTLE STATE: WA ZIP: 98101 BUSINESS PHONE: 206-623-3050 MAIL ADDRESS: STREET 1: 2000 TWO UNION SQUARE STREET 2: 601 UNION STREET, STE. 2000 CITY: SEATTLE STATE: WA ZIP: 98101 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VAN AMEN DARRELL CENTRAL INDEX KEY: 0001529709 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35424 FILM NUMBER: 161382950 MAIL ADDRESS: STREET 1: 601 UNION STREET, SUITE 2000 CITY: SEATTLE STATE: WA ZIP: 98101 4 1 wf-form4_145446706657900.xml FORM 4 X0306 4 2016-01-28 0 0001518715 HomeStreet, Inc. HMST 0001529709 VAN AMEN DARRELL 601 UNION STREET, SUITE 2000 SEATTLE WA 98101 0 1 0 0 EVP, Chief Investment Officer Common Stock 2016-01-29 4 M 0 903 0 A 25743 D Common Stock 2286.702 I HomeStreet, Inc. 401(k) Savings Plan Restricted Stock Units 2016-01-28 4 A 0 3012 0 A Common Stock 3012.0 7501 D Performance Share Units 0.0 2016-01-28 4 A 0 4518 0 A Common Stock 4518.0 12587 D Restricted Stock Units 2016-01-29 4 M 0 903 0 D Common Stock 903.0 6598 D Common stock acquired upon vesting of Restricted Stock Unit granted on January 29, 2015. 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. Each restricted stock unit represents a contingent right to receive one share of HomeStreet common stock. On January 28, 2016, the reporting person was granted 3,012 restricted stock units (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. 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 3,012 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, 2016 through December 31, 2018. The PSUs are scheduled to vest in the first quarter of 2019 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 of control, all outstanding PSUs may vest under certain circumstances at the target award level on the effective date of the change in control. On January 29, 2015, the reporting person was granted 2,709 restricted stock units (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. The reporting person's remaining RSUs also include 1,780 RSUs granted on May 29, 2014, which vest incrementally on May 29, 2016 and May 29, 2017 and 3,012 RSUs granted on January 28, 2016, 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. /s/ Godfrey B. Evans, attorney in fact for Darrell van Amen 2016-02-02