PennyMac Financial Services, Inc. — Director's Dealing 2021

Feb 11, 2021

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: PennyMac Financial Services, Inc. (PFSI)
CIK: 0001745916
Period of Report: 2020-12-31

Reporting Person: Jones Doug (Chief Mtge Bnkg Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-30	Common Stock	G	5500	—	Disposed	20692	Indirect
2020-12-16	Common Stock	G	20000	—	Disposed	20692	Indirect
2020-12-21	Common Stock	G	20000	—	Disposed	20692	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	51363	Direct
Common Stock	300000	Indirect
Common Stock	300000	Indirect

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 (34626)	34626	Direct
Nonstatutory Stock Option (Right to Buy)	$24.40	2028-03-08	Common Stock (26467)	26467	Direct
Nonstatutory Stock Option (Right to Buy)	$22.92	2029-03-14	Common Stock (27744)	27744	Direct
Nonstatutory Stock Option (Right to Buy)	$59.68	2030-12-13	Common Stock (54024)	54024	Direct
Nonstatutory Stock Option (Right to Buy)	$35.03	2030-02-25	Common Stock (30366)	30366	Direct

Footnotes

F1: Represents a bona fide gift of shares to a charitable organization.

F2: The reported amount consists of 19,134 restricted stock units and 32,229 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

F3: 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.

F4: 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.

F5: 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.

F6: 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.

F7: This nonstatutory stock option to purchase 34,626 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.

F8: This nonstatutory stock option to purchase 26,467 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.

F9: This nonstatutory stock option to purchase 27,744 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.

F10: This nonstatutory stock option to purchase 54,024 shares of Common Stock of the Issuer is fully vested but subject to certain transfer restrictions that will lapse in one-third increments on each of December 14, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each lapse date.

F11: This nonstatutory stock option to purchase 30,366 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.