MAZZELLA JOSEPH F - 20 Dec 2021 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Mazzella
Issuer symbol
PFSI
Transactions as of
20 Dec 2021
Net transactions value
+$26,502
Form type
4
Filing time
09 Feb 2022, 18:58:30 UTC
Previous filing
10 Nov 2021
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Gift $0 -6,000 -1.6% $0.000000 360,855 20 Dec 2021 Direct F1, F2
transaction PFSI Common Stock Award $26,502 +381 +0.11% $69.56 361,236 07 Feb 2022 Direct F3, F4
holding PFSI Common Stock 152,031 20 Dec 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 Represents a bona fide gift of shares to a charitable organization.
F2 The reported amount consists of 2,124 restricted stock units and 358,731 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F3 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. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
F4 The reported amount consists of 2,124 restricted stock units and 359,112 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.