SEC Form 4/A · accession 0001518715-19-000044
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
Paulette Lemon
Officer — EVP - Retail Banking Director
Period of report
Jan 29, 2018
Accepted (ET)
Feb 6, 2019 · 6:46 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 UnitsF3,F4,F1,F2 | — | Jan 29, 2018 | A | 1,458 | A | — | — | Common Stock | 1,458 | 3,130 | 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.
- F2On January 29, 2018, the reporting person was granted 1,458 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.
- F3This amendment is being filed to correct the reporting person's remaining number of RSUs held as of January 29, 2018. The subsequent Forms 4 filed for this reporting person on January 29, 2019 and January 31, 2019 included the correct number in the relevant disclosure.
- F4As of January 29, 2018, the reporting person's remaining RSUs included 614 RSUs granted on January 28, 2016, which vest on January 28, 2019, 1,058 RSUs granted on January 26, 2017, which vest incrementally in equal amounts on January 26, 2019 and January 26, 2020, respectively, and 1,458 RSUs granted on January 29, 2018, 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.