Farhad Nanji - Feb 7, 2022 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director
Signature
/s/ Farhad Nanji
Stock symbol
PFSI
Transactions as of
Feb 7, 2022
Transactions value $
$15,251,756
Form type
4
Date filed
2/9/2022, 03:57 PM
Previous filing
Nov 30, 2021
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Purchase $8.83M +150K +3.77% $58.87 4.13M Feb 7, 2022 See footnote F1
transaction PFSI Common Stock Award $24.6K +354 +0.21% $69.56 172K Feb 7, 2022 Direct F2, F3
transaction PFSI Common Stock Purchase $6.4M +106K +2.58% $60.19 4.23M Feb 8, 2022 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. The Reporting Person is a managing member of MFN GP and of MFN LLC but disclaims beneficial ownership of the securities held by the Partnership, except to the extent of his pecuniary interest, if any, therein.
F2 The Reporting Person received these shares in lieu of cash compensation payable for services rendered as a non-management director of the Issuer during the fourth quarter of 2021, pursuant to the Issuer's 2013 Equity Incentive Plan. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
F3 Consists of 2,124 restricted stock units and 169,544 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.