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PennyMac Financial Services, Inc. — Director's Dealing 2020
Feb 28, 2020
30869_dirs_2020-02-27_9ae14aa7-927d-411d-89ce-5064ead7be56.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PennyMac Financial Services, Inc. (PFSI)
CIK: 0001745916
Period of Report: 2020-02-25
Reporting Person: Walker David M (Chief Risk Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-25 | Common Stock | S | 5000 | $35.6554 | Disposed | 428085 | Indirect |
| 2020-02-26 | Common Stock | S | 4800 | $35.1607 | Disposed | 423285 | Indirect |
| 2020-02-26 | Common Stock | S | 200 | $35.70 | Disposed | 423085 | Indirect |
| 2020-02-26 | Common Stock | A | 3746 | — | Acquired | 45683 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-26 | Nonstatutory Stock Option (Right to Buy) | $35.03 | A | 13863 | Acquired | 2030-02-25 | Common Stock (13863) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Nonstatutory Stock Option (Right to Buy) | $21.03 | 2023-06-12 | Common Stock (15882) | 15882 | Direct |
| Nonstatutory Stock Option (Right to Buy) | $17.26 | 2024-02-25 | Common Stock (28216) | 28216 | Direct |
| Nonstatutory Stock Option (Right to Buy) | $17.52 | 2025-03-02 | Common Stock (23829) | 23829 | Direct |
| Nonstatutory Stock Option (Right to Buy) | $11.28 | 2026-03-06 | Common Stock (27771) | 27771 | Direct |
| Nonstatutory Stock Option (Right to Buy) | $18.05 | 2027-03-05 | Common Stock (17313) | 17313 | Direct |
| Nonstatutory Stock Option (Right to Buy) | $24.40 | 2028-03-08 | Common Stock (13233) | 13233 | Direct |
| Nonstatutory Stock Option (Right to Buy) | $22.92 | 2029-03-14 | Common Stock (13879) | 13879 | Direct |
Footnotes
F1: These shares of Common Stock were sold pursuant to a 10b5-1 plan.
F2: The price reported is the weighted average price of multiple transactions ranging from $35.25 to $35.98. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F3: The price reported is the weighted average price of multiple transactions ranging from $34.66 to $35.60. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected
F4: The price reported is the weighted average price of multiple transactions ranging from $35.66 to $35.74. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected
F5: The Reporting Person was granted restricted stock units, which will vest in three equal installments beginning on the first anniversary of the date of grant, are to be settled in an equal number of shares of Common Stock upon vesting.
F6: The reported amount consists of 15,135 restricted stock units and 30,548 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F7: This nonstatutory stock option to purchase 13,863 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 26, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each date.
F8: This nonstatutory stock option to purchase 15,882 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of June 13, 2014, 2015 and 2016, subject to the Reporting Person's continued service through each date.
F9: This nonstatutory stock option to purchase 28,216 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 26, 2015, 2016 and 2017, subject to the Reporting Person's continued service through each date.
F10: This nonstatutory stock option to purchase 23,829 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 3, 2016, 2017 and 2018, subject to the Reporting Person's committed service through each date.
F11: This nonstatutory stock option to purchase 27,771 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 7, 2017, 2018 and 2019, subject to the Reporting Person's committed service through each date.
F12: This nonstatutory stock option to purchase 17,313 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 6, 2018, 2019 and 2020, subject to the Reporting Person's committed service through each date.
F13: This nonstatutory stock option to purchase 13,233 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 9, 2019, 2020 and 2021, subject to the Reporting Person's committed service through each date.
F14: This nonstatutory stock option to purchase 13,879 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 15, 2020, 2021 and 2022, subject to the Reporting Person's continued service through each date.