SEC Form 4 · accession 0001518715-18-000115
Mechanics Bancorp · MCHB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W H Bennion
Officer — EVP - Res. Lending Director
Period of report
Mar 23, 2018
Accepted (ET)
Mar 26, 2018 · 3:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001518715
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 23, 2018 | S | 168 | $28.5154 | D | 22,643 | I | Bennion Revocable Living Trust dated 12/19/02 |
| Common StockF4 | holding | — | — | — | 10,070 | D | ||
| Common StockF5 | holding | — | — | — | 0 | I | HomeStreet, Inc. 401(k) Savings Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold to cover reporting person's tax liability in connection with the vesting of Performance Share Units on March 14, 2018.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $28.5719, inclusive. The reporting person undertakes to provide to HomeStreet, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3Mr. Bennion is the co-trustee with Diane Bennion for the Bennion Revocable Living Trust dated 12/19/02.
- F4Since the reporting person's last report, the reporting person has transferred 628 directly owned shares of HomeStreet, Inc. common stock to the Bennion Revocable Living Trust dated 12/19/02.
- F5Based on a plan statement dated as of February 28, 2018. 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.