Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 320

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 320
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 articles and the amended and restated bylaws, which we urge you to read carefully and in their entirety and which are available as Annex Band Annex C, respectively. For more information on how to obtain these documents, see the section entitled “ Where You Can Find More Information.”

|                           |     | Mechanics                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |     | Combined Company                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Authorized Capital Stock; 
 Conversion                |     | The Mechanics charter authorizes Mechanics to issue 300,000 shares of common stock, par value $50 per share, of which 280,000 shares are designated as Mechanics voting common stock and 20,000 shares are designated as Mechanics non-voting common stock, and 200,000 shares of preferred stock, no par value per share. As of the date of this proxy statement/prospectus/consent solicitation statement, there were approximately [60,859] shares of Mechanics voting common stock outstanding, [3,376] shares of Mechanics non-voting common stock outstanding and no shares of preferred stock outstanding.                                                                                 
 The Mechanics non-voting common stock is convertible into Mechanics voting common stock in connection with a transfer of Mechanics non-voting common stock to a person that is not an affiliate (as defined in the Bank Holding Company Act of 1956, as amended) of such holder (i) in a widely dispersed public offering, (ii) in a private sale in which no purchaser (or group of associated purchasers) would acquire Mechanics voting common stock and/or Mechanics non-voting common stock in an amount that, after the conversion of such Mechanics non-voting common stock, represents two percent (2%) or more of a class of Mechanics’ voting securities or (iii) where such transferee |     | The amended and restated articles authorize HomeStreet to issue 1,900,000,000 shares of common stock, no par value, divided into two (2) classes of which 1,897,500,000 shares are designated as Class A common stock and 2,500,000 shares are designated Class B common stock, and 120,000 shares of preferred stock. As of the record date of the HomeStreet special meeting, there were 18,920,807.6 shares of Class A common stock outstanding (assuming the approval of the articles amendment, as the outstanding HomeStreet common stock will be designated as Class A common stock) and no shares of Class B common stock (which will be newly created pursuant to the articles amendment) or preferred