Mazzella Joseph F - May 10, 2021 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Mazzella
Stock symbol
PFSI
Transactions as of
May 10, 2021
Transactions value $
$24,801
Form type
4
Date filed
5/11/2021, 05:13 PM
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Award $24.8K +419 +0.11% $59.19 366K May 10, 2021 Direct F1, F2
holding PFSI Common Stock 152K May 10, 2021 Mazzella Family Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 first quarter of 2021. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
F2 The reported amount consists of 3,449 restricted stock units and 362,613 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.