Anne Mccallion - Feb 23, 2022 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role: Director
Signature: /s/ Derek W. Stark, attorney-in-fact for Ms. McCallion
Stock symbol: PFSI
Transactions as of: Feb 23, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/25/2022, 07:35 PM
Previous filing: Oct 19, 2021
Next filing: Aug 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PFSI	Common Stock	Award	$0	+2.54K	+119.54%	$0.00	4.66K	Feb 23, 2022	Direct	F1, F2
holding	PFSI	Common Stock						146K	Feb 23, 2022	The McCallion Family Trust dated 12/21/98

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	PFSI	Nonstatutory Stock Option (Right to Buy)						17.2K	Feb 23, 2022	Common Stock	17.2K	$24.40	Direct	F3
holding	PFSI	Nonstatutory Stock Option (Right to Buy)						22.5K	Feb 23, 2022	Common Stock	22.5K	$18.05	Direct	F4
holding	PFSI	Nonstatutory Stock Option (Right to Buy)						27.8K	Feb 23, 2022	Common Stock	27.8K	$11.28	Direct	F5
holding	PFSI	Nonstatutory Stock Option (Right to Buy)						23.8K	Feb 23, 2022	Common Stock	23.8K	$17.52	Direct	F6
holding	PFSI	Nonstatutory Stock Option (Right to Buy)						28.2K	Feb 23, 2022	Common Stock	28.2K	$17.26	Direct	F7
holding	PFSI	Nonstatutory Stock Option (Right to Buy)						15.9K	Feb 23, 2022	Common Stock	15.9K	$21.03	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units in connection with her service as a Director. These restricted stock units, which will vest in full on the first anniversary of the grant date, are to be settled in an equal number shares of Common Stock upon vesting.
F2	Represents restricted share units, which are to be settled in an equal number of common shares of beneficial interest upon vesting.
F3	This nonstatutory stock option to purchase 17,204 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.
F4	This nonstatutory stock option to purchase 22,506 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.
F5	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.
F6	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.
F7	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.
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.