HomeStreet CEO Mark K. Mason Exercises Options for 200K Shares

HomeStreet

(“the Company”) announced today that President and CEO Mark K. Mason has exercised options for 200,000 shares of HMST common stock. The exercise represents 71% of Mr. Mason's outstanding vested option shares. “I am exercising options at this time to convert some of my optional ownership of shares to actual ownership,” said Mr. Mason. “Exercising these options allows me to establish a personal income tax basis for the shares and receive any future dividends. To fund this exercise and the related personal income tax obligation, I will be selling a portion of the shares acquired through this option exercise. I have discussed my decision to exercise options at this time with our senior management and