Form 4 for MCHB Mechanics Bancorp
Accepted 2022-01-04 00:00:00 ET · period of report 2022-01-01 · accession 0001518715-22-000010 · 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 | 2022-01-04 | 2022-01-01 | MCHB | Hand Erik D | EVP, Mortgage Lending Dir | M - OptEx | $0.00 | +244 | 1,232 | +25% | $0 |
| D | 2022-01-04 | 2022-01-01 | MCHB | Hand Erik D | EVP, Mortgage Lending Dir | M - OptEx | $0.00 | -244 | 488 | -33% | $0 |
| D | 2022-01-04 | 2022-01-01 | MCHB | Hand Erik D | EVP, Mortgage Lending Dir | A - Grant | $0.00 | +502 | 502 | New | $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 | 2022-01-01 | M | A | 244 | $0.00 | 1,232 | D | — | — | (F1) 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. |
| 2 | Derivative | Restricted Stock Units | 2022-01-01 | M | D | 244 | $0.00 | 488 | D | — · — to — | 244 Common Stock | (F1) 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 January 1, 2021, the reporting person was granted 732 RSUs, which vest incrementally in equal amounts on January 1, 2022, January 1, 2023, and January 1, 2024, 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. |
| 3 | Derivative | Restricted Stock Units | 2022-01-01 | A | A | 502 | $0.00 | 502 | D | — · — to — | 502 Common Stock | (F1) 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. (F2) On January 1, 2022, the reporting person was granted 502 RSUs, of which 167 shares vest on each of January 1, 2023 and January 1, 2024, and 168 shares vest on January 1, 2025. 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. |