Statement of Changes in Beneficial Ownership (4)
February 14 2023 - 05:36PM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * ELBAUM MARK |
2. Issuer Name and Ticker or Trading
Symbol Home Point Capital Inc. [ HMPT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Financial Officer |
(Last)
(First)
(Middle)
C/O HOME POINT CAPITAL INC.,, 2211 OLD EARHART ROAD, SUITE
250 |
3. Date of Earliest Transaction (MM/DD/YYYY)
2/10/2023
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(Street)
ANN ARBOR, MI 48105
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
2/10/2023 |
|
M(1) |
|
10994 |
A |
$0 |
20536 |
D |
|
Common Stock |
2/10/2023 |
|
F(2) |
|
5734 |
D |
$1.99 |
14802 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units |
(3) |
2/10/2023 |
|
M |
|
|
10994 |
(4) |
(4) |
Common Stock |
10994 |
$0 |
57298 |
D |
|
Explanation of
Responses: |
(1) |
Represents settlement of
restricted stock units ("RSUs") through the issuance of one share
of the Issuer's common stock for each vested RSU. |
(2) |
Shares of the Issuer's
common stock withheld by the Issuer to satisfy the tax withholding
requirement upon vesting of the RSUs. No shares of the Issuer's
common stock were sold as part of this transaction. |
(3) |
Each RSU represents a
conditional right to receive one share of the Issuer's common
stock. The RSUs will be settled in the Issuer's common stock or
cash (or a combination thereof) at the discretion of the
Issuer. |
(4) |
32,981 RSUs were granted on
February 10, 2022, which vest over three years, with one-third of
the grant vesting based on continued service through the first
anniversary of February 10, 2022 and one-third of the grant vesting
on each of the subsequent anniversaries of such date. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
ELBAUM MARK
C/O HOME POINT CAPITAL INC.,
2211 OLD EARHART ROAD, SUITE 250
ANN ARBOR, MI 48105 |
|
|
Chief Financial Officer |
|
Signatures
|
/s/ Jean Weng, Attorney-in-Fact |
|
2/14/2023 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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