SEC Form 4/A · accession 0001518715-18-000054
Mechanics Bancorp · MCHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mary L Vincent
Officer — EVP - Chief Risk Officer
Period of report
Jan 29, 2018
Accepted (ET)
Feb 2, 2018 · 2:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001518715
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | Jan 29, 2018 | A | 1,215 | A | — | — | Common Stock | 1,215 | 2,129 | D |
Explanation of responses
- F1Each 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.
- F2This amendment is being filed solely to correct the number of RSUs granted to reporting person on January 29, 2018, which was reported on the original Form 4 filed on January 30, 2018. It was previously reported that Ms. Vincent was granted 1,173 RSUs, when in fact she was granted 1,215 RSUs.
- F3On January 29, 2018, the reporting person was granted 1,215 RSUs, which vest incrementally in equal amounts on January 29, 2019, January 29, 2020, and January 29, 2021, 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.