MARK ELBAUM - 04 May 2022 Form 4 Insider Report for Home Point Capital Inc.

Role: Chief Financial Officer
Signature: /s/ Jean Weng, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 04 May 2022
Net transactions value: -$25,718
Form type: 4
Filing time: 05 May 2022, 17:25:01 UTC
Previous filing: 11 Feb 2022
Next filing: 14 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HMPT	Common Stock	Options Exercise	$0	+17,655		$0.000000	17,655	04 May 2022	Direct	F1
transaction	HMPT	Common Stock	Tax liability	$25,718	-8,113	-46%	$3.17	9,542	04 May 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HMPT	Restricted Stock Units	Options Exercise	$0	-17,655	-21%	$0.000000	68,292	04 May 2022	Common Stock	17,655		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents settlement of restricted stock units ("RSUs") through the issuance of one share of the Issuer's common stock for each vested RSU.
F2	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.
F3	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.
F4	52,966 RSUs were granted on May 4, 2021, which vest over three years, with one-third of the grant vesting based on continued service through the first anniversary of May 4, 2021 and one-third of the grant vesting on each of the subsequent anniversaries of such date. 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.