Form 4 for MCHB Mechanics Bancorp
Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-11 · accession 0001518715-21-000187 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-15 | 2021-11-11 | MCHB | MICHEL JOHN | EVP, CFO | M - OptEx | $0.00 | +7,740 | 44.7K | +21% | $0 |
| D | 2021-11-15 | 2021-11-11 | MCHB | MICHEL JOHN | EVP, CFO | M - OptEx | $0.00 | -7,740 | 15.3K | -34% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-11 | M | A | 7,740 | $0.00 | 44,740 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2021-11-11 | M | D | 7,740 | $0.00 | 15,259 | D | — · — to — | 7,740 Common Stock | (F4) The reporting person's remaining RSUs includes 7,740 RSUs granted on May 11, 2020, which vest on November 11, 2022, 3,614 RSUs granted on May 26, 2020, which vest incrementally in equal amounts on May 26, 2022 and May 26, 2023, respectively and 3,905 RSUs granted on January 1, 2021, of which 1,301 shares vest on January 1, 2022, and 1,302 shares vest on each of January 1, 2023 and January 1, 2024. 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. (F2) Each Restricted Stock Unit ("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 May 11, 2020, the reporting person was granted 23,220 RSUs, which vest incrementally in equal amounts on November 11, 2020, November 11, 2021, and November 11, 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. |