Sec Form 4 Filing - Endresen William @ HomeStreet, Inc. - 2017-02-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Endresen William
2. Issuer Name and Ticker or Trading Symbol
HomeStreet, Inc. [ HMST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Comm'l RE (Interim)
(Last) (First) (Middle)
601 UNION STREET, SUITE 2000
3. Date of Earliest Transaction (MM/DD/YY)
02/27/2017
(Street)
SEATTLE, WA98101
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2017 M 1,022 A $ 0 ( 1 ) 2,170 D
Common Stock 428.693 ( 2 ) I HomeStreet, Inc. 401(k) Savings Plan ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 4 ) 02/27/2017 M 1,022 ( 5 ) ( 5 ) Common Stock 1,022 $ 0 5,003 ( 6 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Endresen William
601 UNION STREET
SUITE 2000
SEATTLE, WA98101
EVP, Comm'l RE (Interim)
Signatures
/s/ Donna M. Cochener, Attorney in fact for William Endresen 03/01/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Common stock acquired upon vesting of Restricted Stock Units ("RSUs") granted on February 27, 2015.
( 2 )Includes shares of HomeStreet common stock acquired by the reporting person through the reporting person's contributions to the HomeStreet, Inc. 401(k) Savings Plan (the "401(k) Plan") since the last report filed by the reporting person.
( 3 )Participants in the 401(k) Plan have the authority to direct voting of shares they hold through the 401(k) Plan.
( 4 )Each RSU represents a contingent right to receive one share of HomeStreet common stock.
( 5 )On February 27, 2015, the reporting person was granted 3,066 restricted stock units (RSUs), which were scheduled to vest incrementally in equal amounts on February 27, 2016, February 27, 2017, and February 27, 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.
( 6 )The reporting person's remaining RSUs include 1,022 RSUs granted on February 27, 2015, which vest on February 27, 2018, 1,752 RSUs granted on January 28, 2016, which vest incrementally in equal amounts on January 28, 2018 and January 28, 2019, respectively, and 2,229 RSUs granted on January 26, 2017, 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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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