Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Endresen William
2. Date of Event Requiring Statement (Month/Day/Year)
04/11/2016
3. Issuer Name and Ticker or Trading Symbol
HomeStreet, Inc. [HMST]
(Last)
(First)
(Middle)
601 UNION STREET, SUITE 2000
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Comm'l RE (Interim)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SEATTLE, WA 98101
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 1,022
D
 
Common Stock 280.754
I
HomeStreet, Inc. 401(k) Savings Plan (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   (2)   (2) Common Stock 4,672 (2) $ (3) D  
Performance Share Units   (4)   (4) Common Stock 8,541 (5) $ (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Endresen William
601 UNION STREET
SUITE 2000
SEATTLE, WA 98101
      EVP, Comm'l RE (Interim)  

Signatures

/s/ Godfrey B. Evans, Attorney in fact for William Endresen 04/15/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) 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.
(2) Includes 2,044 restricted stock units ("RSUs") that vest incrementally on February 27, 2017 and February 27, 2018, respectively, and 2,628 RSUs that vest incrementally on January 28, 2017, January 28, 2018 and January 28, 2019, 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 have vested.
(3) Each RSU represents a contingent right to receive one share of HomeStreet common stock.
(4) A maximum of 4,599 performance share units ("PSUs") are scheduled to vest in the first quarter of 2018 and a maximum of 3,942 PSUs are scheduled to vest in the first quarter of 2019, in each case when the HomeStreet, Inc. Human Resources and Corporate Governance Committee certifies the achievement of the performance goals associated with each award in accordance with the provisions of the reporting person's respective award agreements. In the event of a change in control, all outstanding PSUs may vest under certain circumstances at the target award level on the effective date of the change in control.
(5) The number of PSUs represents the maximum number of shares of HomeStreet common stock to which the reporting person will be entitled. The target number of units scheduled to vest in the first quarter of 2018 is 3,066 units and the target number of units scheduled to vest in the first quarter of 2019 is 2,628 units. Each PSU represents one share of common stock and will vest depending on the achievement of certain specified performance criteria.

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